Chandrima Mercantiles Ltd — Important, 10-10-2025: Company Update
10-10-2025 | 11:05 am
10-10-2025 | 11:05 am
Chandrima Mercantiles' Board approved the allotment of 11.11 crore fully paid-up Bonus Equity Shares of Re. 1 each. These shares were allotted in a 1:2 ratio, meaning one new share for every two existing shares held by shareholders. This decision significantly increases the company's issued, subscribed, and paid-up equity share capital from 22.21 crore shares to 33.32 crore shares. This expansion of the share capital reflects the company's move to reward shareholders and adjust its capital structure.
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