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Chandrima Mercantiles' board has approved a significant capital expansion, increasing its authorized equity share capital from Rs. 22.25 Cr to Rs. 33.32 Cr. This sets the stage for a 1:2 bonus issue, where shareholders will receive one new share for every two held, utilizing Rs. 11.11 Cr from its Securities Premium account. Post-bonus, the paid-up capital will be Rs. 33.32 Cr. The company also appointed M/s. Jay Pandya & Associates as its Secretarial Auditor for five financial years. These strategic decisions, aimed at strengthening the capital structure and compliance, await shareholder approval at the upcoming Annual General Meeting.