Kotyark Industries Limited Chairman cum Managing Director Gaurang Rameshchandra Shah has been conferred the Certificate of Excellence by the World Book of Records, London. The award recognizes his leadership and contributions to the renewable energy sector, specifically for advancing biofuel production and promoting sustainable energy solutions. The ceremony took place on June 26, 2026, at the House of Commons, Palace of Westminster, London.

The citation accompanying the award acknowledges Shah's role in fostering environmental responsibility and creating a lasting impact through innovation, technological excellence, and entrepreneurship. He was accompanied at the event by Mrs. Bhavini Shah, Executive Director, and Ms. Dhruti Shah, Whole-time Director of Kotyark Industries Limited.

Award Details

The certificate details the specific achievements recognized by the World Book of Records. The organization highlighted the transformative advancements in biofuel production driven by Shah's vision.

Kotyark Industries Limited stated that this international recognition reinforces its commitment to innovation, sustainability, and the development of clean energy technologies. The company remains focused on strengthening its position in the renewable energy sector through responsible growth and sustainable business practices.

Kotyark Industries Limited has allotted 10,27,91,160 fully paid-up bonus equity shares in the ratio of 10:1. The board approved the allotment on Thursday, June 25, 2026, for eligible members whose names appeared in the register of members as on the record date of Wednesday, June 24, 2026. The bonus shares rank pari passu with existing equity shares and are entitled to dividends and other corporate benefits declared after the allotment.

The company's paid-up equity share capital has increased following the allotment. The pre-bonus paid-up capital consisted of 1,02,79,116 shares of ₹10 each, amounting to ₹10,27,91,160. With the addition of the new shares, the post-bonus paid-up capital now stands at 11,30,70,276 shares of ₹10 each, totaling ₹113,07,02,760.

Capital Structure Post-Allotment

Dividend Entitlement

The newly allotted bonus shares are entitled to the dividend recommended by the board for the financial year ended March 31, 2026. This dividend is subject to approval by members at the ensuing Annual General Meeting. If approved, the dividend payout will be adjusted proportionately on the post-bonus paid-up equity share capital to ensure the aggregate dividend payout amount remains substantially unchanged.

The issuance of bonus shares follows the approval received from shareholders through a postal ballot. The voting results, declared on June 15, 2026, confirmed that resolutions regarding the increase in authorised share capital and the issuance of bonus shares received the requisite majority. The postal ballot was conducted pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.