Sylph Industries Ltd recommends 5:11 bonus issue

The Board of Directors of Sylph Industries Limited (Formerly Known as Sylph Technologies Limited) in its meeting held Today i.e. Monday, October, 27th, 2025 have considered and approved the recommendation to the shareholders for their approval, through postal ballot: Issue of bonus shares in the ratio of 5:11 i.e., 5 (Five) new fully paid-up equity share of ₹ 1/- (Rupee One Only) each for every 11 (Eleven) existing fully paid-up equity share of ₹ 1/- (Rupee One Only) each, to the eligible equity shareholders of the Company as on the record date, by capitalization of securities premium received in cash and / or free reserve; & the Record Date for Bonus Issue will be intimated separately by the Company.

The Board approved the increase in the Authorised Share Capital of the Company from Rs. 100,00,00,000 (Rupees One Hundred Crores Only) divided into 100,00,00,000 (Rupees One Hundred Crores Only) Equity Shares of Rs. 1/- each to Rs. 125,00,00,000 (Rupees One Hundred and Twenty Five Crores Only) divided into 125,00,00,000 (Rupees One Hundred and Twenty Five Crores Only) Equity Shares of Rs. 1/- each and consequent amendment in the Capital Clause (Clause V) of Memorandum of Association of the Company, subject to approval of the shareholders of the Company.

Source : Equity Bulls

Keywords

SylphIndustries BonusIssue 5For11