LKP Finance Completes Major 4:1 Bonus Share Allotment

LKP Finance Limited, based at 112-A/203, Embassy Centre, Nariman Point, Mumbai - 400 021, has successfully allotted bonus equity shares following board approval.

This update builds on the company's letter dated 19th January 2026. On March 09, 2026 - the deemed allotment date-the Board of Directors, in a meeting from 09:45 A.M. to 10:00 A.M., allotted 6,14,46,600 fully paid-up equity shares of Rs. 10/- each. The allotment followed a 4:1 ratio, granting four new shares for every one existing fully paid-up equity share of Rs. 10/- held by eligible members.

Eligibility was determined from the Register of Members and Register of Beneficial Owners as on the Record Date of 06th March 2026. This allotment markedly boosted the company's paid-up equity share capital.

Pre-allotment, LKP Finance had 1,53,61,650 equity shares of ₹10/- each, totaling ₹15,36,16,500. Post-allotment, the figure rose to 7,68,08,250 equity shares of ₹10/- each, amounting to ₹76,80,82,500.

Shares of LKP Finance Limited was last trading in BSE at Rs. 179.85 as compared to the previous close of Rs. 185.25. The total number of shares traded during the day was 64636 in over 678 trades.

The stock hit an intraday high of Rs. 194.50 and intraday low of 176.00. The net turnover during the day was Rs. 11765892.00.

Source : Equity Bulls

Keywords

LKPFinance INE724A01017 BonusIssue SharesAllotment