Kothari Products Limited — Important, 07-03-2025: Updates
07-03-2025 | 03:36 pm
07-03-2025 | 03:36 pm
Kothari Products Ltd. has announced the successful passage of two special resolutions through a postal ballot, with significant approval from shareholders. The first resolution permits the issuance of bonus shares in a 1:1 ratio, increasing the paid-up capital by approximately ₹29.84 crores (Cr). The second resolution increases the authorized share capital from ₹31.50 crores to ₹61.50 crores. This enhancement offers Kothari greater flexibility for capital management and future growth opportunities. The company's proactive approach demonstrates a commitment to enhancing shareholder value. Investors should note these developments as potential catalysts for positive growth in share performance.
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