LKP Finance Receives BSE In-Principle Approval For 6,14,46,600 Bonus Shares Under 4:1 Issue

On February 20, 2026, LKP Finance Limited said it had received in-principle approval from BSE Limited for the issue and proposed allotment of 6,14,46,600 equity shares of ₹10 each as bonus shares, in the ratio of 4:1, pursuant to Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The approval was conveyed by BSE vide letter reference LOD/Bonus/BN-IP/HC/1743/2025-26 dated February 20, 2026.

In-Principle Approval Granted For 4:1 Bonus Issue

According to the company’s intimation to the exchange, the proposed bonus issue entails allotment of up to 6,14,46,600 fully paid-up equity shares of face value ₹10 each, in the proportion of four new equity shares for every one existing equity share held by shareholders.

BSE stated that the in-principle approval is subject to several conditions. These include shareholder approval for the bonus issue, submission of the listing application for the new securities, payment of additional listing fees on the enhanced capital, and compliance with statutory approvals from authorities including SEBI, RBI and the Ministry of Corporate Affairs.

The exchange also specified that allotment of the bonus shares must be made only in dematerialised form. Further, the approval remains valid up to the timeline prescribed under Regulation 295(1) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Non-compliance may attract penalties as outlined in SEBI circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023.

BSE retains the right to withdraw the in-principle approval at a later stage if the information submitted is found to be incomplete, incorrect or misleading, or if there is any contravention of exchange rules and regulations.

Stock Market Snapshot

Shares of LKP Finance were trading lower on Friday. As of 3:17 pm IST on February 20, 2026, the stock stood at ₹967.00 on BSE, down ₹7.35 or 0.75% from the previous close of ₹974.35, according to exchange data.

The stock opened at ₹984.00 and touched an high of ₹984.00 and a low of ₹960.00 so far in the session. The company’s market capitalisation stood at approximately ₹1,490 crore. The 52-week high and low were ₹1,179.80 and ₹234.73, respectively.

Company Background

LKP Finance Limited is a non-banking financial company engaged primarily in investment and financing activities. The company is part of the LKP Group, which operates across financial services including broking and asset management.

The bonus issue, once completed and listed, will result in an increase in the paid-up equity share capital, subject to fulfilment of the conditions stipulated in the in-principle approval.

Conclusion

The receipt of in-principle approval marks a procedural step in the proposed 4:1 bonus issue. Final allotment and listing of the new equity shares remain contingent upon shareholder consent, regulatory compliance and submission of requisite documentation as outlined by BSE.

Source: https://www.bseindia.com/xml-data/corpfiling/AttachLive/ac4afbf9-22fc-4451-b947-e1685f78a390.pdf