Sikko Industries Limited — Dividend/Bonus, 18-10-2025: Bonus
18-10-2025 | 04:50 pm
18-10-2025 | 04:50 pm
Sikko Industries' Board has approved a 1:1 bonus issue, where shareholders receive 1 new Re. 1 share for every 1 Re. 1 share they own. This bonus follows a 1:10 stock split, making each Rs. 10 share into ten Re. 1 shares. Eligibility for bonus shares will be determined by a record date yet to be set, pending shareholder approval. This action will increase the company's paid-up capital from 21.84 Cr to 43.68 Cr and authorized capital from 25 Cr to 45 Cr. The aim is to boost liquidity, encourage broader investor participation, and reward existing shareholders.
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