Patanjali Foods Limited Issues Bonus Shares to Eligible Equity Shareholders

Patanjali Foods Limited, a leading food processing company, has announced the issue of bonus shares to its eligible equity shareholders. The company is appealing to its physical shareholders to dematerialize their shares and complete the necessary formalities to make their folios KYC compliant. This move aims to ensure that the benefits of bonus shares and the final dividend are received promptly by the shareholders.

Key Takeaways:

• Patanjali Foods Limited has recommended the issue of bonus shares in the ratio of 2:1, i.e., 2 new fully paid-up Equity Shares of Rs. 2/- each for every 1 existing fully paid-up Equity Share of Rs. 2/-.
• The bonus shares are for the eligible equity shareholders as on the record date, which will be determined later.
• The company is appealing to its physical shareholders to dematerialize their shares and submit the required documents to the Registrar and Transfer Agent (RTA) to complete the KYC compliance.
• The benefits of bonus shares and the final dividend will be received promptly by the shareholders once their folios are KYC compliant.
• The communication related to this announcement is available on the company's website, www.patanjalifoods.com.

Statistics:

• Bonus shares: 2 new fully paid-up Equity Shares of Rs. 2/- each for every 1 existing fully paid-up Equity Share of Rs. 2/-.
• Record date: To be determined later.
• Dematerialization: Required for physical shareholders to receive benefits promptly.

Sources:

• National Stock Exchange of India: BSE Scrip Code: 500368 NSE Symbol: PATANJALI
• Patanjali Foods Limited: www.patanjalifoods.com