Allotment of Bonus Shares to the Equity Shareholders in the ratio of 3:1.
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Sayaji Industries Limited has allotted 1,89,60,000 bonus equity shares of ₹5 each in a 3:1 ratio, meaning shareholders receive 3 bonus shares for every 1 share they hold. The record date for eligibility was October 7, 2025. As a result, the company's paid-up share capital has increased from 63,20,000 shares (₹3.16 crore) to 2,52,80,000 shares (₹12.64 crore). The new shares will rank equally with existing shares in all respects.
Shareholders will see their shareholding quadruple in quantity (3 bonus shares added per share held), though the share price is expected to adjust downward proportionally. The company's fundamentals remain unchanged — this is a capital restructuring move that improves share liquidity.