LKP Finance Bonus Issue Record Date Set Today; LKP Finance Shares Rise 1.97%

Mumbai, March 6: LKP Finance Limited shares traded higher after the company confirmed record date for its previously approved bonus share issue, with the stock rising 1.97% to ₹197.00 as of 12:11 IST according to exchange data.

Bonus Share Record Date Fixed For 4:1 Issue

The company informed BSE Limited through a regulatory filing dated February 21, 2026 that Friday, March 6, 2026 has been fixed as the record date to determine shareholders eligible for the proposed bonus equity issue.

Shareholders had earlier approved the proposal via postal ballot on February 19, 2026, following the board’s recommendation communicated on January 19, 2026.

Under the approved structure, the company will issue bonus equity shares in the ratio of 4:1. This means shareholders will receive four fully paid-up bonus equity shares of face value ₹10 each for every one existing equity share of face value ₹10 held.

The filing was made under Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which governs record date disclosures for corporate actions affecting shareholder entitlements.

The company also stated that March 9, 2026 has been designated as the deemed date of allotment for the bonus shares. The schedule aligns with the framework outlined in SEBI Circular No. CIR/CFD/PoD/2024/122 dated September 16,2024, which standardises timelines for bonus share credit and corporate action processing in dematerialised form.

Share Price Movement As Of 12:11 IST, March 6, 2026

Shares of LKP Finance Limited were trading at ₹197.00, up ₹3.80 or 1.97%, as of 12:11 IST on March 6, 2026.

The stock opened at ₹195.05 and touching a session high of ₹200.95 so far, while the day’s low stood at ₹191.00 so far. The previous close was ₹193.20.

Exchange data indicated the scrip was placed under Additional Surveillance Measure (ASM) Long Term Stage 3, a monitoring framework deployed by exchanges to track unusual price or volume movements.

The stock currently operates under a 5% daily price band, with the upper circuit at ₹202.85 and the lower circuit at ₹183.55.

Company Background

LKP Finance Limited, headquartered in Mumbai, operates in the financial services segment, primarily involved in investment activities, capital market services and financial advisory operations.

The company forms part of the broader LKP Group, which maintains a presence across securities broking, wealth management and investment services.

According to exchange data, the company’s market capitalisation stands at approximately ₹1,513.12 crore, with a free-float market capitalisation of ₹1,356.13 crore. The equity shares carry a face value of ₹10.

The stock has traded between ₹64.67 and ₹235.96 over the past 52 weeks.

Conclusion

The confirmation of the March 6, 2026 record date marks the final eligibility checkpoint for shareholders seeking to participate in LKP Finance’s 4:1 bonus issue. Corporate actions of this nature typically expand the outstanding equity base while improving share liquidity, although they do not alter the underlying valuation of the business.

Market participants will now monitor the bonus share credit timeline and post-adjustment trading dynamics, particularly given the stock’s placement within the exchange surveillance framework.

Source: https://www.bseindia.com/xml-data/corpfiling/AttachHis/25da900e-0a91-4512-9471-36f1b8204dfe.pdf