Kitex Garments Limited — QIP/Rights/Pref., 20-01-2025: Allotment of Securities

Kitex Garments Limited has allotted 13.3 crore fully paid-up Bonus Equity Shares at a face value of ₹1 each, in a ratio of 2:1, to shareholders on the record date of January 17, 2025. Following this issuance, the total paid-up equity share capital now totals ₹199.5 crore. The newly allotted shares will carry the same rights and benefits as the existing equity shares, including dividends. This strategic move enhances the company's capital structure, potentially benefiting its shareholders.