SKY GOLD AND DIAMONDS LIMITED — Important, 17-12-2024: General Updates

The Board of Directors of Sky Gold Limited has allotted 13,18,86,054 bonus equity shares, fully paid-up, at a ratio of 9:1, to eligible members whose names were recorded as of the specified date. This allotment increases the company's paid-up equity share capital to Rs. 1,46,54,00,600, comprising 14,65,40,060 equity shares. The distribution is a significant move that enhances shareholder value, underlining the company's strategy to boost equity participation among members. This development reflects positively on the company's commitment to its shareholders and may enhance market confidence moving forward.