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Container Corporation of India LimitedOthers, 28-05-2025: Shareholders meeting

28-05-2025 | 03:24 pm

Container Corporation of India Ltd. has announced a board meeting on the issue of bonus shares, proposing 1 new equity share for every 4 held. The company plans to capitalize Rs. 76.16 Cr from retained earnings to issue up to 15.23 Cr new equity shares of Rs. 5 each, raising paid-up equity capital to Rs. 380.81 Cr. Bonus shares will be credited in dematerialized form, with physical shareholders receiving credits in a suspense escrow demat account until dematerialized. This enhances shareholder value by increasing equity holdings without cash outflow.

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