Mayank Cattle Food Limited has announced a 1:1 bonus issue, approved by its Board of Directors on July 7, 2026. Shareholders will receive one fully paid-up bonus equity share of face value ₹10 for each existing equity share held on the record date, which will be announced later.
Bonus Issue Details
The bonus issue involves capitalizing up to ₹5.40 crore from the company's retained earnings (free reserves) to issue approximately 54,00,000 bonus equity shares of ₹10 each. Post-issuance, the paid-up equity share capital will double from 54,00,000 to 1,08,00,000 equity shares, subject to shareholder approval.
Authorised Share Capital Increased
To facilitate the bonus issue, the Board also approved increasing the authorised share capital from ₹6.00 crore to ₹12.00 crore, pending shareholder consent.
Key Highlights
- Bonus Issue Ratio: 1:1 (one bonus share for each held)
- Bonus Shares Proposed: 54,00,000 equity shares
- Issue Size: ₹5.40 crore
- Authorised Capital: Increased from ₹6 crore to ₹12 crore
- Record Date: To be announced
About Mayank Cattle Food Limited
Mayank Cattle Food Ltd. manufactures and markets cattle feed and animal nutrition products, serving the livestock and dairy sectors. The company focuses on quality feed solutions to improve animal health and productivity. It has strengthened its distribution network and operational efficiencies, establishing a strong position in the cattle feed industry. The company emphasizes sustainable growth, innovation, and corporate governance, aiming to create long-term shareholder value while contributing to the agricultural ecosystem.
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