Kotyark Industries bonus issue: 10:1 record date 2026

Record date fixed after exchange approvals

Kotyark Industries Limited has fixed Wednesday, June 24, 2026 as the record date to determine shareholder eligibility for a 10:1 bonus issue. The company’s latest update follows in-principle approvals from BSE Limited and the National Stock Exchange of India Limited (NSE). Under the bonus ratio, shareholders will receive 10 fully paid-up equity shares for every 1 equity share held as of the record date. The company’s equity shares carry a face value of ₹10 each.

The record date is a key milestone for investors tracking corporate actions because it defines who is entitled to receive the additional shares. In earlier communications around the proposal, the company had indicated that the record date would be communicated later. The current filing provides a specific schedule for credit and trading of the bonus shares.

Bonus issue size and share allotment details

As per the exchange approvals cited by the company, Kotyark Industries has received clearance for allotment of up to 10,27,91,160 fully paid-up bonus equity shares of ₹10 each. This is the maximum number of bonus shares proposed under the approved plan. The ratio remains 10:1, meaning every eligible shareholder’s holdings will be adjusted proportionately through additional shares credited to demat accounts.

Bonus issues do not involve cash outflow to shareholders. Instead, the company capitalises reserves to convert them into share capital, increasing the number of shares outstanding while maintaining proportional ownership for eligible holders.

Key dates: credit to demat and trading start

Kotyark Industries has also shared a clear timeline for when the bonus shares will reflect in investor accounts and when they will start trading in the market. According to the schedule disclosed, shares will be credited to depositories by June 25, 2026 (by 12:00 p.m.). Trading in the bonus shares is expected to commence on Monday, June 29, 2026.

These dates matter for investors because the market price typically adjusts after a bonus issue based on the revised number of shares. Investors also track the start of trading to ensure the additional shares are available for settlement and transactions.

Postal ballot process and voting window

Separately, the company had initiated a postal ballot process to seek shareholder approval for the bonus issue and related corporate actions. Kotyark Industries issued a Postal Ballot Notice dated May 15, 2026. Shareholders were given the option to vote through remote e-voting facilitated by NSDL from May 17, 2026 (9:00 a.m. IST) to June 15, 2026 (5:00 p.m. IST).

The eligibility cut-off date for voting was May 8, 2026. The company said that the results of the postal ballot would be declared on or before June 17, 2026 and communicated to stock exchanges, the registrar and share transfer agent, and the e-voting agency. The proposed resolutions, if approved by the requisite majority, would be deemed passed on June 15, 2026, the last date of e-voting.

Reserve capitalisation and authorised capital proposal

The postal ballot notice also described how the bonus issue would be funded. Kotyark Industries proposed capitalising up to ₹102.79116 crore from free reserves for the bonus issue. In addition, the notice sought approval to increase the authorised share capital from ₹23 crore to ₹200 crore, a step that supports a larger equity base following the issue of additional shares.

These corporate actions are typically paired because a bonus issue can require sufficient authorised share capital headroom. Without that headroom, a company may not be able to issue the intended number of new shares.

Dividend adjustment mentioned for FY26

In the postal ballot communication, the company noted that a dividend of ₹5 per share recommended for the financial year ended March 31, 2026 would be proportionately adjusted after the bonus issue. This is a standard treatment because the number of outstanding shares changes post-bonus. The notice also stated an expectation that bonus shares would be credited within two months from the board approval date, or by July 14, 2026, subject to necessary approvals.

With the record date now fixed as June 24, 2026 and the depository credit date set as June 25, 2026, the company has provided a more immediate timeline for the credit and trading of the bonus shares.

What the 10:1 bonus means for shareholders

A 10:1 bonus issue means that for every 1 share held on the record date, an investor will receive 10 additional shares at no cost. Eligibility is determined by holdings as of the record date in the demat account. The corporate action increases the share count and reduces the per-share price proportionately, assuming no other changes.

For shareholders, the immediate change is in the number of shares held, not the proportional ownership. Investors typically monitor the ex-date and trading commencement to ensure portfolio statements and demat credits reflect the new shares.

Stock movement and company context cited in reports

Market reports around the announcement noted that Kotyark Industries shares surged nearly 7% intraday after the company announced the 10:1 bonus issue. Another market update referenced the stock trading at ₹446.30 on BSE. A separate regional-language report described Kotyark Industries as a small-cap renewable energy sector stock and stated that the stock delivered about a 16% gain over the past year. The same report also cited the company’s market capitalisation at about ₹440 crore.

These data points reflect market interest in the corporate action, although the company’s filings remain the primary reference for record date and operational timelines.

Why the record date matters for investors

The record date is the practical deadline for shareholders who want to be eligible for the bonus shares. Investors who hold shares as of that date, as reflected in the company’s records and depository data, will be considered eligible. Because settlement cycles can affect when ownership is reflected, investors generally track exchange notifications and corporate action calendars closely.

Kotyark Industries’ timeline also indicates when demat accounts should show the credited shares and when trading in the bonus shares is expected to begin. For market participants, this helps plan settlement, reconciliations, and post-corporate-action price adjustments.

What to watch next

Investors will track the company’s subsequent filings and exchange notices for final confirmations related to the corporate action process and allotment. Shareholders who participated in the postal ballot process will also watch for the declared results by the stated deadline of June 17, 2026.

With the record date and trading timeline now specified, the next key operational checkpoints are the depository credit by June 25, 2026 and the commencement of trading on June 29, 2026.