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Sayaji Industries Limited has allotted 1.896 crore bonus equity shares of ₹ 5/- each, in a 3:1 ratio (three new shares for every one existing share) to eligible shareholders. This decision by the Committee of Board of Directors significantly increases the company's share capital. Before the bonus issue, the paid-up share capital stood at 3.16 crore, comprising 63.20 lakh shares. Following the allotment, the paid-up share capital has risen to 12.64 crore, with a total of 2.528 crore equity shares. This move typically aims to enhance liquidity and make shares more accessible to a broader investor base.