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The Board of Directors has approved an increase in the authorized capital of the company from ₹4.5 Cr to ₹12.5 Cr, paving the way for a bonus issue. Shareholders will receive two bonus equity shares of ₹10 each for every one share held, pending shareholder approval. The record date for this bonus issue will be announced later. An Extraordinary General Meeting is scheduled for January 7, 2024, to seek shareholder approval for these actions. The bonus shares are anticipated to be credited by February 1, 2025.