Kitex Garments Limited — Others, 08-01-2025: Copy of Newspaper Publication

Kitex Garments Limited has announced a board meeting on January 17, 2025, to determine the eligibility of members for a bonus issue of shares. The company plans to allocate two new fully paid-up equity shares for every one existing share, effective as the record date. This decision could enhance shareholder value and liquidity, fostering positive investor sentiment. The bonus issue reflects the company’s robust financial strategy and commitment to returning value to its shareholders. Overall, this move is likely to be viewed favorably by the market as it demonstrates confidence in future growth and operational strength.