Abhishek Integrations Limited Approves 1:1 Bonus Issue and Appoints New Statutory Auditors
Abhishek Integrations Limited announced key corporate decisions following the meeting of its Board of Directors held on July 10, 2026. The Board approved a bonus share issue to existing equity shareholders and appointed M/s. Nilesh K. Agrawal & Co. as the Statutory Auditor for five years.The Board meeting concluded that included considering the company’s Directors' Report and Management Discussion and Analysis for the fiscal year ended March 31, 2026.
Bonus Issue Details and Financial Structuring
The approved bonus issue allows existing shareholders a ratio of 1:1, meaning one new fully paid-up Equity Share for every one existing equity share. The shares are valued at Rs. 10/- each.This bonus issuance is funded through the capitalization of reserves and the security premium account. Based on the details provided in Annexure I, the proposed issue involves a total of 63,38,070 Equity Shares of Rs. 10/- each. The required share premium for implementing the bonus issue totaled Rs. 6,33,80,700/-.
The company has sufficient funds available from reserves and premiums to complete the capitalization:
| Financial Account | Amount Available |
|---|---|
| General Reserve / Retained Earnings (As on March 31, 2026) | Rs. 3,42,34,529/- |
| Securities Account (Premium on July 10, 2026) | Rs. 3,04,23,535/- |
| Total Available for Capitalization | Rs. 6,46,58,064/- |
The company indicated that the bonus shares are estimated to be credited within two months from the Board approval date, by September 09, 2026, pending shareholder ratification. The bonus shares will rank pari-passu with existing Equity Shares and carry all associated rights.
Corporate Appointments and AGM Details
In addition to the bonus issue, the Board took several governance decisions:- Statutory Auditors: M/s. Nilesh K. Agrawal & Co. was recommended for appointment as the Statutory Auditor of Abhishek Integrations Limited. The term is set for five years, commencing from the conclusion of the 9th Annual General Meeting and concluding at the 14th Annual General Meeting to be held in the year 2031.
- E-Voting Agency: National Securities Depository Limited (NSDL) was appointed as the Remote E-Voting Agency for resolutions scheduled for the Annual General Meeting.
- Scrutinizer Appointment: M/s. Hardik Jetani & Associates, Practicing Company Secretary (FCS: 13678 COP:22171), was appointed as the Scrutinizer to ensure a fair and transparent Remote e-Voting process at the AGM.
The Board also considered and approved the Draft Notice for the 9th Annual General Meeting (AGM), which is scheduled to take place on Thursday, August 13, 2026, at 11:00 A.M.
AILIMITED Stock Price Movement
Shares of Abhishek Integrations Limited are rallying in live trading as of 11:57 AM, edging up by 4.92% to stand at ₹37.30. The stock has seen a total traded volume of 1,500 shares so far into the active session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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