Alka India Board Recommends 6:1 Bonus Issue Exclusively for Public Shareholders
Alka India Limited's Board has recommended a unique 6:1 bonus share issue exclusively for public shareholders, excluding promoter and promoter group members, with record date fixed as May 08, 2026. The selective bonus issue aims to achieve compliance with minimum public shareholding requirements and is subject to shareholder approval at the 32nd AGM.
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Alka India Limited's Board of Directors has recommended a 6:1 bonus share issue exclusively for public shareholders, excluding promoter and promoter group members. The company announced this decision in its regulatory filing under Regulation 30 and 42 of the Listing Regulations, with the record date fixed as May 08, 2026.
Bonus Issue Structure and Compliance Objective
The Board approved the issuance of bonus equity shares in the proportion of 6:1, meaning 6 bonus equity shares of Re. 1/- each for every 1 fully paid-up equity share held by public shareholders. This selective bonus issue excludes promoter and promoter group members and is designed to achieve compliance with minimum public shareholding requirements mandated under rule 19A of the Securities Contracts (Regulation) Rules, 1957.
| Bonus Issue Details: | Specifications |
|---|---|
| Bonus Ratio: | 6:1 |
| Eligible Shareholders: | Public shareholders only |
| Excluded Parties: | Promoter and promoter group |
| Record Date: | May 08, 2026 |
| Pre-bonus Share Capital: | 50,00,000 equity shares of Re. 1/- each |
| Post-bonus Share Capital: | 65,00,000 equity shares of Re. 1/- each |
| Free Reserves Required: | ₹15,00,000 |
| Available Free Reserves: | ₹17.81 Lakh as on 31.03.2026 |
| Estimated Credit Date: | On or before June 07, 2026 |
Regulatory Framework and Record Date
Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has fixed Friday, May 08, 2026 as the record date for ascertaining eligibility of public shareholders entitled for bonus equity shares. The bonus issue is subject to approval of members at the ensuing 32nd Annual General Meeting.
| Regulatory Details: | Information |
|---|---|
| Script Code: | 530889 |
| ISIN: | INE061B01038 |
| Symbol: | ALKA |
| Face Value: | Re. 1/- per equity share |
| Current Paid-up Capital: | ₹50,00,000 |
| Meeting Date: | April 07, 2026 |
Financial Performance Overview
The company demonstrated a remarkable recovery in its financial performance during FY26. On a standalone basis, Alka India reported strong operational metrics across key parameters with total income of ₹250.21 lakh.
| Financial Metric: | FY26 (₹ Lakh) | FY25 (₹ Lakh) |
|---|---|---|
| Revenue from Operations: | 250.21 | 250.21 |
| Other Income: | 6.27 | - |
| Total Income: | 250.21 | 250.21 |
| Total Expenses: | 168.22 | 232.40 |
| Net Profit/(Loss): | 81.99 | (71.27) |
| Basic EPS: | 1.64 | (0.23) |
| Diluted EPS: | 1.64 | (0.23) |
Dividend Declaration
The Board recommended a final dividend of ₹0.04 per equity share of face value Re. 1/- each for FY26 on the entire issued, subscribed and paid-up share capital of 50,00,000 equity shares.
| Dividend Details: | Specifications |
|---|---|
| Dividend Rate: | ₹0.04 per share |
| Face Value: | Re. 1/- each |
| Total Shares: | 50,00,000 equity shares |
| Financial Year: | 2025-26 |
How will the selective bonus issue impact Alka India's stock liquidity and trading dynamics once public shareholding increases significantly?
What strategic initiatives might Alka India pursue to sustain its impressive turnaround from losses to profitability in subsequent financial years?
Will other companies with similar promoter concentration adopt Alka India's selective bonus model to meet minimum public shareholding norms?
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