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LKP Finance's board has approved increasing its authorized share capital from ₹30 Cr to ₹110 Cr. Simultaneously, it approved a 4:1 bonus share issue, meaning four new shares for every one existing share held. This bonus will utilize ₹61.45 Cr from the company's Securities Premium Account, raising the paid-up capital from ₹15.36 Cr to ₹76.81 Cr. These strategic moves, aimed at enhancing liquidity and shareholder value, are subject to shareholder approval through a postal ballot, for which a scrutinizer has also been appointed.