ALPHA TRIBE

Kothari Products LimitedImportant, 07-03-2025: Updates

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.

No comments yet. Be the first to comment!

All announcements from Kothari Products Limited