K P Energy today said its authorised share capital has increased to Rs 11.11 crore after allotment of 25.65 lakh bonus shares to its shareholders.
The company's board today "allotted 25,65,000 bonus equity shares of Rs 10/each as fully paid-up bonus equity shares, in the ratio of 3 fully paid-up bonus equity share of Rs 10 each of the company for every 10 fully paid-up equity share of Rs 10 each to the members eligible," it said in a BSE filing.
Consequent to the allotment of the bonus shares, the share capital of the company stands increased to Rs 11,11,50,000 divided in 1,11,15,000 equity shares of Rs 10 each, fully paid-up.
Shares of K P Energy closed at Rs 265.55 a piece, down 8.11 percent on BSE.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.