LKP Finance Announces 4:1 Bonus Shares After 400% Return Surge
Share Market
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News18•19-01-2026, 22:38
LKP Finance Announces 4:1 Bonus Shares After 400% Return Surge
- •LKP Finance Ltd. has announced a 4:1 bonus share issue, meaning four additional shares for every one held.
- •The company will issue bonus shares from its security premium account; the record date is yet to be announced.
- •LKP Finance also approved increasing its authorized share capital from Rs 30 crore to Rs 110 crore, pending shareholder approval.
- •Bonus shares are expected to be credited to demat accounts within two months of the board meeting, by March 19, 2026.
- •The stock has delivered over 400% returns in the last year and 116% in six months, closing at Rs 1,099.95 on Monday.
Why It Matters: LKP Finance, a multibagger stock, announced a 4:1 bonus share issue and capital increase, boosting investor interest.
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