KBC Global Sets Record Date for 1:1 Bonus Share Issue

KBC Global Ltd (BSE: 541161) has announced the record date for its 1:1 bonus share issue. Shareholders on record as of March 22, 2025, will be eligible to receive one bonus equity share for every existing share held. This move follows the board's approval on February 15, 2025, to issue bonus shares from the company's reserves. The bonus issue aims to reward shareholders and increase the company's paid-up capital from ₹261.43 crore to ₹522.87 crore. KBC Global, a Nashik-based construction and real estate development firm, is also in the process of changing its name to Dharan Infra-EPC Ltd, subject to regulatory approvals.
Source: Moneycontrol