4:1 Bonus Shares Announced: Multibagger Small-Cap Stock with over 300% from 52-Week Low

LKP Finance has received overwhelming shareholder approval to proceed with a significant bonus issue of equity shares and an expansion of its capital base. In a postal ballot concluded on February 19, 2026, approximately 99.49 per cent of voters supported the proposal to issue bonus shares in a 4:1 ratio. This means for every one existing fully paid-up equity share of Rs 10, eligible shareholders will receive four new fully paid-up shares. To facilitate this, the company is increasing its authorised share capital from Rs 30 crore to Rs 110 crore. The bonus issuance will involve the capitalisation of Rs 61.45 crore from the company’s Securities Premium Account, which stood at over Rs 126 crore as of December 31, 2025.

Following the issuance of 6,14,46,600 new equity shares, the company’s paid-up capital will jump from approximately Rs 15.36 crore to Rs 76.81 crore. These shares are expected to be credited or dispatched to shareholders by March 19, 2026. Beyond the capital restructuring, the company is also moving forward with a strategic rebranding. Shareholders have been served a notice regarding a name change from LKP Finance Limited to Gyftr Limited, signalling a new chapter for the entity alongside its expanded share base.

About the Company

Founded in 1948, LKP Finance Ltd is a financial powerhouse with a nationwide presence in over 200 cities. They specialise in trading and investing across various financial instruments, including shares, securities, and derivatives. As a registered Non-Banking Financial Company, their domain extends beyond just brokerage services.

The company has a market cap of over Rs 1,400 crore. The stock gave multibagger returns of over 300 per cent from its 52-week low and a whopping 1,135 per cent in 3 years.

Disclaimer: The article is for informational purposes only and not investment advice.