Sayaji Industries Ltd — Dividend/Bonus, 14-08-2025: Corp. Action
14-08-2025 | 02:48 pm
14-08-2025 | 02:48 pm
Sayaji Industries' Board has approved a 1:3 bonus share issue, meaning three new shares for every one held, using ₹9.48 Cr from reserves and securities premium. This aims to increase liquidity and make shares more accessible for investors. The board also approved increasing the authorized share capital from ₹5 Cr to ₹15 Cr. These proposals are subject to shareholder approval at the upcoming 84th Annual General Meeting. The company expects to credit or dispatch the bonus shares within two months of board approval.
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