Abhishek Integrations has approved a 1:1 bonus issue, capitalizing reserves to issue one new fully paid-up equity share of ₹10 each for every existing share held by shareholders. The Board of Directors approved the proposal at a meeting held on July 10, 2026, subject to shareholder and regulatory approvals. The bonus shares will rank pari-passu with existing equity shares and carry identical rights regarding dividends and corporate actions.

The company will determine the record date for determining eligible shareholders in due course. The issuance is expected to be completed within two months from the date of Board approval, targeting September 9, 2026. The bonus issue will utilize funds from the share premium account and the credit of general reserves or retained earnings.

Capitalization Details

The bonus issue will increase the company's paid-up share capital from ₹6,33,80,700 to ₹12,67,61,400. The total number of equity shares will rise from 63,38,070 to 1,26,76,140 following the allotment. A total of 63,38,070 new equity shares will be issued.

Reserves Utilization

The implementation of the bonus issue requires a share premium of ₹6,33,80,700. The company has sufficient funds available for capitalization, totaling ₹6,46,58,064 as of July 10, 2026.

Other Board Decisions

The Board recommended the appointment of M/s. Niles K. Agrawal & Co. Chartered Accountants as Statutory Auditors for a five-year term, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The firm will hold office from the conclusion of the 9th AGM until the conclusion of the 14th AGM to be held in 2031. Additionally, the Board approved the draft notice for the 9th AGM, scheduled for August 13, 2026, and appointed National Securities Depository Limited (NSDL) as the Remote E-Voting Agency. M/s. Hardik Jetani & Associates were appointed as the scrutinizer for the e-voting process.

Abhishek Integrations Limited allotted 3,16,500 equity shares on a preferential basis at an issue price of ₹55.00 per share, aggregating to ₹1,74,07,500. The allotment was approved by the Board of Directors in a meeting held on June 13, 2026, at the registered office. The issue price includes a share premium of ₹45.00 per equity share. The newly allotted shares rank pari passu with the existing equity shares of the company in all respects.

This allotment follows the shareholder approval secured at the Extraordinary General Meeting (EGM) held on June 11, 2026. The special resolution at the EGM received 100% of the votes polled, with 3,742,620 shares voted in favour and none against. The approval enabled the company to raise capital from select investors to strengthen its financial resources for strategic growth.

Voting Results

The special resolution to approve the issue of equity shares on a preferential basis was passed unanimously. A total of 3,742,620 votes were cast, representing 62.15% of the total outstanding shares. Promoters and the promoter group cast 3,447,620 votes, while public non-institutions contributed 295,000 votes.

Meeting Oversight

Hardikkumar Dhirubhai Jetani of Hardik Jetani & Associates served as the Scrutinizer for the EGM. Key officials present included Ravindra Matvarsingh Rawat, Chief Financial Officer, and Deepika Chauhan, Company Secretary & Compliance Officer. The remote e-voting process was managed by the National Securities Depository Limited (NSDL). Sanjay Narbada Dubey, Chairman and Managing Director, presided over the proceedings.