Kotyark Industries Approves Bonus Issue of Equity Shares, Increases Paid-up Capital
Kotyark Industries Limited announced the allotment of a significant bonus issue of equity shares following the approval by its Board of Directors. The decision was made on June 25, 2026, building upon shareholder approval achieved through postal ballot results declared on June 15, 2026.The company approved the allotment of 10,27,91,160 equity shares, which are fully paid-up at a face value of Rs. 10/- each. The bonus issue was offered in the ratio of 10:1 to eligible members whose names were recorded on the Register of Members as of June 24, 2026, the designated record date for the allotment.
The successful issuance has led to a considerable increase in the issued, subscribed, and paid-up equity share capital of Kotyark Industries Limited. The financial restructuring is detailed below:
| Particulars | No. of Shares | Face Value (in Rs.) | Amount (In Rs.) |
|---|---|---|---|
| Paid-up Equity Capital (Pre-Bonus Issue) | 1,02,79,116 | 10 | 10,27,91,160 |
| Bonus Equity Shares Allotted | 10,27,91,160 | 10 | 102,79,11,600 |
| Paid-up Equity Capital (Post-Bonus Issue) | 11,30,70,276 | 10 | 113,07,02,760 |
The newly allotted Bonus Equity Shares are ranked pari passu with the existing fully paid-up equity shares of the company. This means they carry equivalent rights to dividends and other corporate benefits declared by the company subsequent to the allotment. Furthermore, these bonus shares are entitled to the dividend recommended by the Board of Directors for the financial year ended March 31, 2026, pending approval at the ensuing Annual General Meeting. If approved, any dividend adjustment will be made proportionately across the post-bonus paid-up equity share capital to ensure the aggregate dividend payout amount remains substantially unchanged.
KOTYARK Stock Price Movement
Shares of Kotyark Industries Limited are surging to ₹45.45 as of 11:02 AM, climbing nearly 4.97% in live trading today. This powerful ascent sees the equity hit its 52-week high, with 54,468 shares traded so far in the market.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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