The Board of Directors of Paushak Limited has approved the sub-division of equity shares and the issuance of bonus shares. The decisions were made during a board meeting held on August 11, 2025.
The board has approved the sub-division of each existing equity share with a face value of ₹10 into two equity shares with a face value of ₹5 each. Additionally, a bonus issue of three new equity shares with a face value of ₹5 each will be issued for every one existing equity share with a face value of ₹5.
In light of these changes, the board has also approved the reclassification of the company's authorized share capital. The existing authorized share capital of ₹20 Crore, divided into 90,00,000 equity shares of ₹10 each and 11,00,000 redeemable cumulative preference shares of ₹100 each, will be reclassified into 4,00,00,000 equity shares of ₹5 each, totaling ₹20 Crore.
The record date for both the sub-division of equity shares and the bonus issue will be determined by the board or a committee thereof after obtaining the approval of the members.
The board has authorized its members to take all necessary steps to list the bonus equity shares on the stock exchanges where the company’s equity shares are currently listed, in compliance with SEBI regulations.
Members holding shares in physical form are requested to provide their demat account details to the Company or its Registrar and Transfer Agent on or before August 29, 2025, to facilitate the issuance of bonus equity shares in dematerialized form.
The proposed sub-division of equity shares and issue of bonus shares are subject to the approval of the members.
The resolution, if approved, shall be deemed to have been passed on the last date of e-voting i.e. Thursday, 18th September, 2025.
All documents referred to in this Postal Ballot Notice are available for inspection at the registered office of the Company between 11:00 a.m. to 4.00 p.m. and electronically as well, until the last date of voting.
Members seeking to inspect such documents electronically can send an email to investors@paushak.com.
The resolution, if approved, shall be deemed to have been passed on the last date of e-voting i.e. Thursday, 18th September, 2025.
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