Sikko Industries Limited — Dividend/Bonus, 18-10-2025: Bonus
18-10-2025 | 04:46 pm
18-10-2025 | 04:46 pm
Sikko Industries' board has proposed a 1:1 bonus issue for eligible shareholders, following a 10-for-1 stock split (from Rs. 10 to Re. 1 face value). This will significantly increase the total shares outstanding, boosting liquidity and making the stock more accessible for retail investors. The company's paid-up capital will expand from Rs. 21.84 Cr to Rs. 43.68 Cr. This strategic move, awaiting shareholder approval, aims to reward shareholders and enhance market participation, well-supported by over Rs. 59.54 Cr in available reserves.
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