Kahan Packaging opens e-voting for 3:1 bonus issue
Kahan Packaging Limited has opened remote e-voting from July 14 to August 12, 2026, for a proposed 3:1 bonus issue and an increase in authorized share capital from ₹5 crore to ₹15 crore. The bonus issue involves issuing 3 new shares for every 1 existing share held, funded by free reserves of ₹448.64 lakh and a share premium of ₹381.92 lakh. The postal ballot notice was published in the Financial Express and Pratahkal on July 14, 2026.
*this image is generated using AI for illustrative purposes only.
Kahan Packaging Limited has commenced the remote e-voting process for a proposed 3:1 bonus issue and an increase in authorized share capital. The voting period is open from 9:00 a.m. IST on July 14, 2026, until 5:00 p.m. IST on August 12, 2026. The company aims to reward shareholders and restructure its capital base through these resolutions, which require shareholder approval via postal ballot.
The board meeting held on July 11, 2026, approved the increase of authorized share capital from ₹5 crore to ₹15 crore. This involves creating an additional 1 crore equity shares of ₹10 each and altering the capital clause of the Memorandum of Association. The bonus issue entails the issuance of 3 new fully paid-up equity shares for every 1 existing share held as on the record date, which will be determined later. The company requires ₹816 lakh from free reserves and the securities premium account to implement the issue.
Bonus Issue Details
The bonus shares will be issued out of free reserves created out of profits and the share premium account. As per the audited balance sheet dated March 31, 2026, the company holds free reserves of ₹448.64 lakh and a share premium of ₹381.92 lakh.
| Particulars | Pre-Bonus Issue | Post-Bonus Issue |
|---|---|---|
| No of Shares | 27,20,000 | 1,08,80,000 |
| Paid up Capital | ₹2,72,00,000 | ₹10,88,00,000 |
The total number of proposed bonus shares is approximately 81,60,000 equity shares with a face value of ₹10 each. The company estimates that the bonus shares will be credited or dispatched within two months from the date of board approval.
Procedural Approvals
Mrs. Zankhana Bhansali of M/s. Zankhana Bhansali & Associates, Practicing Company Secretaries, has been appointed as the scrutinizer for the postal ballot. Purva Sharegistry (India) Pvt. Ltd. is the agency providing the e-voting facility. The results of the e-voting will be announced on or before August 14, 2026. Shareholders holding shares in demat mode can vote through CDSL/NSDL e-voting systems, while those holding physical shares or non-individual shareholders must use the Purva e-voting system.
Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published the Postal Ballot Notice in the Financial Express and Pratahkal on July 14, 2026. The electronic dispatch of the notice was completed on July 13, 2026, for members whose email addresses were registered as on the cut-off date of July 10, 2026.
Historical Stock Returns for Kahan Packaging
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.99% | -26.45% | +32.75% | +6.20% | +6.18% | -66.73% |
How will the significant increase in the number of outstanding shares impact Kahan Packaging's stock liquidity and earnings per share post-listing?
What strategic capital allocation or expansion initiatives does Kahan Packaging plan to pursue following the tripling of its authorized share capital?
How might the utilization of nearly the entire free reserves and securities premium account affect the company's ability to fund future growth or pay dividends?
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