Gautam Exim Ltd's Board Approves Allotment of 184,86,000 Bonus Equity Shares

Gautam Exim Ltd's Board Approves Allotment of 184,86,000 Bonus Equity Shares

Gautam Exim Ltd's Board Approves Allotment of 184,86,000 Bonus Equity Shares​

Gautam Exim Limited announced that its Board of Directors approved the allotment of a significant number of Bonus Equity Shares following a meeting held on June 11, 2026. The decision was part of formal business transacted at the board meeting, which was conducted via Video Conferencing (VC).

The key outcome of the meeting was the formal approval for the allotment of 184,86,000 fully paid-up Bonus Equity Shares. These shares were issued in a ratio of 3:1 (three new Bonus Shares for every one existing Equity Share) to shareholders recorded in the BenPos data on the Record Date, Wednesday, June 10, 2026. The Face Value of these newly allotted Bonus Equity Shares was noted as less than 5/- each.

In addition to the bonus allotment, the Board reviewed and formally approved the minutes of a previous Board Meeting that had commenced on May 27, 2026, and concluded after adjournment on May 28, 2026.

The capital structure metrics related to the bonus issue are as follows:

MetricDetails
Pre-Bonus Capital Base61,62,000 Equity Shares
Bonus Shares Allotted1,84,86,000 Equity Shares
Post-Bonus Expanded Capital2,46,48,000 Equity Shares
Distinctive Number Range (DNR)From 6162001 to 24648000
Pari-Passu StatusThe newly allotted shares rank pari-passu in all respects with existing shares of the Company.

The Board meeting commenced at 11:00 A.M. and concluded at 11:30 A.M.

Stock Price Movement​

As of 12:14, Gautam Exim Ltd. is edging higher, trading at ₹45.50, reflecting a significant 11.38% increase. The shares have experienced intraday movement within the range of ₹43.00 to ₹45.80.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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