CKK Retail Mart plans 5:1 bonus issue, raises capital base
In short
CKK Retail Mart approved a plan for a 5:1 bonus issue. The board also cleared a move to lift share capital from ₹20 crore to ₹117 crore, with paid-up equity expected to rise to ₹116.21 crore if shareholders approve it.
This matters because it can change the company’s share count and capital structure. The report does not say when shareholders will decide or when the bonus issue will happen.
What the reporting says
CKK Retail Mart approved a proposal for a 5:1 bonus issue and to raise its share capital from ₹20 crore to ₹117 crore, according to the reported board decision. The publisher summary says paid-up equity is expected to rise to ₹116.21 crore, subject to shareholder approval. The reporting does not say when shareholders will vote or when the bonus shares would be issued.
Why it matters
CKK Retail Mart approved a 5:1 bonus issue proposal and a move to raise its share capital from ₹20 crore to ₹117 crore, with paid-up equity expected to rise to ₹116.21 crore subject to shareholder approval. The event affects the company’s capital structure and existing shareholders. The reporting does not state the voting date, issue date, or market reaction.