Kothari Products Limited — Important, 19-02-2025: Updates

The Board of Directors of Kothari Products Limited has allotted 29,843,865 fully paid-up Bonus Equity Shares at a face value of ₹10 each. This issuance is in a 1:1 ratio, meaning each existing shareholder receives one bonus share for every share held. Following this allotment, the paid-up equity capital of the company increases to ₹59.68 crore, now comprising 5,968,730 equity shares. This adjustment enhances the company's capital structure and could potentially boost investor sentiment. Watch for any strategic initiatives that may follow this move to leverage the increased capital base.