Mumbai, Nov. 29 -- The company's shareholders will receive four new fully paid-up equity shares of Re 1 each for every one existing fully paid-up equity shares of Re 1 each held as on the record date.

The company will issue 67,93,80,400 equity shares of Re 1 each as bonus shares. The company requires Rs 84,92,25,500 for implementing the proposed bonus issue, while the company has Rs 8,880.02 crore in free reserves, share premium and capital redemption reserve available for capitalization as of 30 September 2025.

Post the bonus issue, the paid-up share capital of the company will increase from Rs 16.98 crore to Rs 84.92 crore. The bonus shares are expected to be credited to eligible shareholders on or before 26 January 2026.

Meanwhile, ...