Board approves 1:1 bonus issue, pending shareholder approval
UTSSAV · price
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On October 23, 2026, the board approved a 1:1 bonus issue of 24,998,000 Rs 10 shares. Funding will come from share premium and reserves, with Rs 25 crore needed from free reserves. Paid-up capital would rise from Rs 24.998 crore to Rs 49.996 crore. Authorised capital is proposed to increase from Rs 24.998 crore to Rs 60 crore. Shareholder approval is pending, the record date is unset, and shares should be dispatched within 60 days.
Eligible holders would get one extra share per share held, doubling share count without adding cash. Shareholder approval is pending.