JK Tyre & Industries Ltd. announced the allotment of 1,42,69,484 equity shares, each with a face value of ₹2. This allotment follows the amalgamation scheme involving Cavendish Industries Ltd. (CIL). The meeting to finalize this allotment concluded at 12:10 P.M. on December 26, 2025.
Equity Share Allotment
JK Tyre & Industries Ltd. has successfully completed the allotment of equity shares as part of its scheme of amalgamation.
Details of Allotment
On December 26, 2025, the company allotted 1,42,69,484 equity shares with a face value of ₹2 each. These shares were allotted in the ratio of 92 new equity shares for every 100 equity shares of Cavendish Industries Ltd. (CIL). The new equity shares are fully paid up.
Impact on Share Capital
Following the allotment, the issued, subscribed, and paid-up equity share capital of the company has increased from 27,40,20,027 equity shares to 28,82,89,511 equity shares, all with a face value of ₹2 each.
Source: BSE
