New Delhi: CKK Retail Mart, which operates in the FMCG and packaged agro-commodity sector, has plans to issue bonus shares in the ratio of 5:1 and increase its authorised share capital.

The board, in a meeting held on Monday, has considered and approved to issue of bonus shares to the equity shareholders "in the ratio of 5 new fully paid-up equity shares of Rs 10 each for every 1 (one) existing fully paid-up equity share of Rs 10".

Besides, the board has also approved an "increase of authorised share capital from Rs 20 crore...to Rs 117 crore", through amendment to the Capital Clause of the Memorandum of Association of the company, CKK Retail informed in its regulatory filing.

These changes are subject to the approval of the shareholders.

These proposals will be placed before shareholders for approval at an extraordinary general meeting scheduled for November 9, 2026.

CKK Retail Mart plans to issue 9.684 crore bonus equity shares, having an aggregate face value of Rs 96.84 crore.

Following the proposed issue, the company's paid-up equity share capital is expected to increase from Rs 19.368 crore, comprising 1.9368 crore shares, to Rs 116.208 crore, comprising 11.6208 crore shares of Rs 10 each.

The bonus issue will be funded through the capitalisation of eligible balances from the securities premium account and retained earnings or surplus, as specified in the regulatory filing.

The company will announce the record date for determining eligible shareholders separately. PTI