Dynamic Cables Limited — Important, 14-07-2025: General Updates
14-07-2025 | 10:30 am
14-07-2025 | 10:30 am
DYCL's Board has approved the allotment of 2.42 crore bonus equity shares in a 1:1 ratio. This means existing shareholders receive one new share for every share held. Consequently, the company's paid-up equity share capital has doubled from Rs 24.23 Cr to Rs 48.46 Cr. This strategic move increases the total outstanding shares, typically enhancing liquidity and making shares more accessible to retail investors by lowering the per-share price post-adjustment, while maintaining the overall market capitalization.
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