BSE has notified trading members that Alka India Ltd. (Scrip Code: 530889) has fixed 08 May 2026 as the record date for a bonus issue of equity shares. The bonus shares will be issued exclusively to public shareholders (excluding promoter and promoter group) as part of the company’s compliance with the minimum public shareholding (MPS) requirement. Equity shares will trade on an ex-bonus basis from 08 May 2026.

Key Points

• Record date for bonus issue: 08 May 2026
• Bonus ratio: 6 (six) equity shares of Re. 1/- each for every 1 (one) equity share of Re. 1/- each held
• Bonus shares issued only to public shareholders; promoter and promoter group are excluded
• Purpose: compliance with minimum public shareholding (MPS) requirement
• Ex-bonus effective date: 08 May 2026 (Settlement No. DR-626/2026-2027)
• Total equity shares to be allotted: 15,00,000 (fifteen lakh)
• Allotment date: 11 May 2026

Regulatory Changes

No new regulatory changes introduced. The bonus issue is a corporate action mandated by the MPS compliance framework under SEBI regulations, requiring listed companies to maintain a minimum level of public shareholding.

Compliance Requirements

• Trading members must note the ex-bonus date of 08 May 2026 and adjust trades accordingly
• The company (Alka India Ltd.) is fulfilling its MPS obligation by issuing bonus shares to public shareholders only
• Depository participants and registrar/transfer agents must process allotment of 15,00,000 shares by 11 May 2026

Important Dates

Impact Assessment

This bonus issue directly affects existing public shareholders of Alka India Ltd. (Scrip Code: 530889), who will receive 6 additional equity shares for every 1 share held as of the record date. The exclusion of promoters from the bonus effectively dilutes promoter shareholding and increases public float, bringing the company into compliance with SEBI’s MPS norms. The stock will trade ex-bonus from 08 May 2026, and the share price is expected to adjust proportionally post-bonus. The total new shares allotted (15 lakh) will increase the public float and may improve liquidity in the counter.