Paushak Ltd — Dividend/Bonus, 11-08-2025: Corp. Action
11-08-2025 | 12:40 pm
11-08-2025 | 12:40 pm
Paushak's Board of Directors has approved a share split, dividing each ₹10 face value equity share into two shares of ₹5 face value. This will be followed by a bonus issue in a 3:1 ratio, meaning three bonus shares of ₹5 each for every one existing ₹5 share. Consequently, each original ₹10 share will transform into eight ₹5 shares. The company's authorized share capital will also be reclassified to reflect ₹20 Crore divided into 4 Crore equity shares of ₹5 each. These corporate actions, aimed at enhancing public shareholder participation, are subject to shareholder approval.
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