The Annual Report of the Company for the financial year 2025-26 has been attached herewith.
Awaiting price reaction for this filing.
Alka India Limited has released its 32nd Annual Report for FY 2025-26. The company has called its AGM on May 4, 2026 via video conferencing. Key agenda items include adopting financial statements, declaring a dividend of Rs. 0.04 per share (4% on Re. 1 face value), and reappointing Mr. Jatinbhai Patel as director. The most significant item is a proposed bonus issue of 6 new equity shares for every 1 existing share exclusively to public shareholders (excluding promoters) to achieve Minimum Public Shareholding compliance. The company also proposes to expand its business objects to include ethanol production, metals trading, and hydrocarbons exploration. Record dates are April 27, 2026 for dividend eligibility and May 8, 2026 for the bonus issue.
The 6:1 bonus issue is a major positive signal for public shareholders as it will significantly increase their shareholding at no cost, while helping the company comply with SEBI's 25% minimum public shareholding requirement. The business diversification into ethanol and metals signals strategic expansion plans.