Kotyark Industries sets June 24 record date: 10:1 bonus

Record date announced 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 announcement follows in-principle approvals from BSE Limited and the National Stock Exchange of India Limited for the proposed allotment. For shareholders, the record date is the key cut-off used to decide who receives bonus shares.

The company has said the corporate action will be executed through the depository system. Shares are expected to be credited to eligible investors’ demat accounts by June 25, 2026, and trading is scheduled to begin on June 29, 2026.

What the 10:1 bonus ratio means for shareholders

Under the bonus ratio of 10:1, eligible shareholders will receive 10 fully paid-up bonus equity shares for every 1 existing equity share held as of the record date. The face value of each equity share is ₹10, as stated in the exchange-related approvals.

A bonus issue does not involve any cash payout by the company to investors. Instead, it increases the number of outstanding shares by capitalising reserves, which can change the per-share price and per-share metrics due to the higher share count.

Size of the proposed allotment

Based on the exchange approvals referenced by the company, Kotyark Industries can allot up to 10,27,91,160 fully paid-up bonus equity shares of ₹10 each. This figure indicates the maximum number of bonus shares covered under the approvals cited in the disclosure.

The company’s filings also indicate the bonus issue is planned to be funded by capitalising up to ₹102,79,11,600 from free reserves (about ₹102.79 crore). The same postal ballot notice also referred to a proposal to increase authorised share capital from ₹23,00,00,000 (₹23 crore) to a higher amount, although the final revised figure was not visible in the provided text.

Key dates: record date, credit and trading start

Kotyark Industries has provided a specific operational timeline around the record date, demat credit, and commencement of trading.

This timeline matters because investors typically track record date to ensure their holdings are eligible, and the trading commencement date to understand when the adjusted equity base begins reflecting in the market.

Postal ballot, e-voting window and result date

The company had earlier issued a Postal Ballot Notice dated May 15, 2026, seeking shareholder approval for the bonus issue through remote e-voting. The remote e-voting period was open from Sunday, May 17, 2026 at 9:00 A.M. IST to Monday, June 15, 2026 at 5:00 P.M. IST, and the eligibility cut-off date for voting was May 8, 2026.

Kotyark Industries indicated that the postal ballot results would be declared on or before Wednesday, June 17, 2026. It also stated that, if the resolutions are approved by the requisite majority, they would be deemed passed on June 15, 2026, which was the last date of e-voting.

How the latest record date update fits earlier guidance

In earlier communication around the postal ballot, the company had said the record date for determining eligibility would be communicated later. It also indicated 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.

The latest update fixes June 24, 2026 as the record date and provides a more immediate operational schedule, including demat credit by June 25 and trading start on June 29. This sequence suggests the process is moving ahead after the exchange in-principle approvals referenced in the disclosure.

Dividend adjustment after the bonus issue

Kotyark Industries also disclosed that a dividend of ₹5 per share recommended for the financial year ended March 31, 2026 will be proportionately adjusted after the bonus issue. A proportional adjustment is typically made because the number of shares rises after a bonus issue, changing the per-share basis.

The company did not provide the revised per-share dividend figure in the provided text. Investors generally track such adjustments alongside corporate action dates to understand how per-share entitlements change post-bonus.

Stock and company context mentioned in the disclosures

The provided information describes Kotyark Industries as a small-cap renewable energy sector stock. Another data point in the text references a market capitalisation of about ₹440 crore.

Separately, one excerpt noted the stock was trading at ₹446.30 on BSE on a Friday session mentioned in that context. These figures are included as stated, without linking them to a specific trading date beyond what was provided.

Market impact: what investors typically watch next

The immediate market relevance of a record date announcement is that it clarifies the eligibility cut-off for the bonus entitlement. Investors also track whether the corporate action timeline is executed as scheduled, particularly the demat credit date and the commencement of trading date.

From the company’s process standpoint, the postal ballot timetable and result date matter because the bonus issue is subject to shareholder approval and other necessary approvals. The company has also stated that information will be communicated to stock exchanges and other intermediaries, including its registrar and share transfer agent and the e-voting agency.

Conclusion

Kotyark Industries has set June 24, 2026 as the record date for its 10:1 bonus issue after receiving in-principle approvals from BSE and NSE, with demat credit due by June 25 and trading to begin on June 29. Shareholders will also watch the postal ballot outcome, with results expected on or before June 17, 2026. Further updates, including final execution details and any additional regulatory steps, are expected through exchange disclosures.