C K K Retail Mart Announces 5:1 Bonus Issue, Proposes Rs 117 Crore Authorised Capital

C K K Retail Mart Ltd has approved a 5:1 Bonus share issue and proposed increasing its authorised share capital from Rs 20 crore to Rs 117 crore, subject to shareholder approval. The decisions were taken at the company's board meeting held on October 12, 2026.

C K K Retail Mart Ltd is a retail-sector company listed on the SME platform of the National Stock Exchange of India under the symbol CKKRETAIL. Its latest corporate announcement focuses on the proposed bonus issue and the expansion of its authorised share capital, both of which require shareholder approval.

Under the proposed bonus issue, eligible shareholders will receive five fully paid-up equity shares of Rs 10 each for every one existing fully paid-up equity share of Rs 10 held. The bonus shares will be issued by capitalising the securities premium account and retained earnings or surplus as of March 31, 2026. The record date for determining eligible shareholders will be announced by the board, including any committee authorised for this purpose.

The company proposes to issue 9,68,40,000 bonus equity shares, amounting to approximately Rs 96.84 crore. Its paid-up share capital before the bonus issue stands at Rs 19.368 crore, comprising 1,93,68,000 equity shares. Following the proposed issue, the paid-up share capital is expected to increase to Rs 116.208 crore, comprising 11,62,08,000 equity shares.

The bonus issue will be funded through the company's securities premium account and retained earnings or surplus, based on its last audited financial statements as of March 31, 2026. The company reported a surplus in its profit and loss statement of Rs 3,748.48 lakh and a securities premium balance of Rs 6,046.34 lakh, taking the total available amount to Rs 9,794.82 lakh. These figures are audited.

The board also approved a proposal to increase the company's authorised share capital from Rs 20 crore, divided into 2 crore equity shares of Rs 10 each, to Rs 117 crore, divided into 11.70 crore equity shares of Rs 10 each. The consequential amendment to the capital clause of the Memorandum of Association was also approved, subject to shareholder approval.

The company stated that the proposed bonus shares are expected to be credited or dispatched within two months from the date of board approval, or within the applicable statutory timelines. The indicative deadline mentioned in the filing is December 11, 2026.

C K K Retail Mart has scheduled an Extraordinary General Meeting (EGM) for November 9, 2026, at 11:00 AM IST through video conferencing or other audio-visual means. Shareholders will be asked to approve the increase in authorised share capital, the consequential amendment to the Memorandum of Association and the proposed bonus issue.

The board appointed CS Ansh Bhambri, proprietor of Bhambri & Associates and a practising company secretary, as the scrutiniser for the remote e-voting and physical voting process at the EGM, as specified in the company's filing.

The board meeting commenced at 3:30 PM and concluded at 3:46 PM on October 12, 2026. The company communicated the decisions to the National Stock Exchange of India under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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