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KPI Green Energy LimitedDividend/Bonus, 14-11-2024: Bonus

14-11-2024 | 07:10 pm

The Board of KPI Green Energy Limited considered the issue of Bonus Equity Shares in a 1:2 ratio, granting 1 bonus share of Rs. 5 each for every 2 existing shares held. This proposal is subject to shareholder approval via postal ballot. The total amount required for the bonus issue is approximately Rs. 32.81 Crore, which will be sourced from the company's Securities Premium Account as of March 31, 2024. Following the bonus issuance, the paid-up share capital will rise to Rs. 98.44 Crore, with shares totaling 19.68 Crore. Bonus shares are expected to be dispatched within two months post-approval.

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