LKP Finance has completed the allotment of bonus equity shares in a 4:1 ratio, marking a significant corporate action that substantially increases the company's share capital base. The Board of Directors approved the allotment on March 09, 2026, which served as the deemed allotment date for this bonus issue.

Bonus Share Allotment Details

The company allotted 6,14,46,600 equity shares of ₹10.00 each as fully paid-up bonus equity shares. Under the 4:1 ratio structure, eligible shareholders received 4 new fully paid-up equity shares of ₹10.00 each for every 1 existing fully paid-up equity share held. The record date for determining eligible shareholders was set as March 06, 2026.

Impact on Share Capital Structure

The bonus share allotment has resulted in a substantial increase in LKP Finance's paid-up equity share capital. The company's share capital structure has been transformed following this corporate action.

Board Meeting and Regulatory Compliance

The Board of Directors' meeting was conducted on March 09, 2026, commencing at 09:45 A.M. and concluding at 10:00 A.M. The allotment was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This bonus issue follows the company's earlier communication dated January 19, 2026, indicating prior planning and regulatory adherence for this corporate action.

The bonus share allotment represents a five-fold increase in the company's share capital, providing existing shareholders with additional equity participation while maintaining their proportional ownership in LKP Finance. The company has formally notified BSE Limited about the completion of this corporate action through official regulatory filing.

LKP Finance Ltd has announced the record date for its bonus equity shares issue following shareholder approval and earlier BSE in-principle approval. The company has set March 6, 2026, as the record date for determining eligible shareholders for the 4:1 bonus issue.

Shareholder Approval and Record Date

Following the Board's recommendation in January 2026, shareholders approved the bonus issue proposal through postal ballot on February 19, 2026. The company has now established the implementation timeline:

Bonus Issue Structure

The BSE had earlier granted in-principle approval on February 20, 2026, for the substantial bonus equity shares issue:

Regulatory Compliance Timeline

The company has fulfilled key regulatory requirements, including shareholder approval through postal ballot. As per SEBI Circular CIR/CFD/PoD/2024/122 dated September 16, 2024, the deemed allotment date is scheduled for March 9, 2026, following the record date.

Implementation Process

Company Secretary and Compliance Officer Rishi Arya communicated the record date announcement to BSE pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bonus issue will provide existing shareholders with four additional shares for every share held as of the record date.

The bonus issue, once completed, will significantly expand LKP Finance's equity base from the current level to over 7.68 crore shares, providing substantial value to existing shareholders through the 4:1 distribution ratio.