Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), Kitex Garments has informed that the Board of Directors of the company at its meeting held today, January 20, 2025, has allotted 13,30,00,000 fully paid-up Bonus Equity Shares of the face value of ? 1/- each in the ratio of 2:1, i.e, 2 new Bonus Equity Shares of ? 1/- each for every 1 existing Equity Shares of ? 1/- each fully paid-up, held by the shareholders of the Company as on the record date i.e., Friday, January 17, 2025. Consequent to the aforesaid allotment, the paid-up equity share capital of the Company stands increased to ? 19,95,00,000 divided into 19,95,00,000 equity shares of ? 1/- each. The Bonus Equity Shares allotted as above shall rank in all respect and carry the same rights as the existing equity shares of the company including dividends and other corporate benefits, if any, declared by the Company after the said allotment.
The above information is a part of company’s filings submitted to BSE.
