Indus Finance bonus issue: 5:9 ratio cleared by board, record date pending

The board has approved, and recommended to shareholders, an issue of bonus equity shares in the ratio of 5:9. This is described in the outcome letter under section “(b) Issue of Bonus Shares” and detailed in Annexure A – Issue of Bonus Shares.

If the proposal is cleared by shareholders through a postal ballot, existing shareholders will receive additional fully paid-up equity shares without any payment, by capitalising reserves.

• Bonus ratio: 5:9, i.e. 5 (Five) new fully paid-up equity share(s) of Rs 10/- each for every 9 (Nine) existing fully paid-up equity shares of Rs 10/- each held on the Record Date (outcome letter, section (b); Annexure A, Sl. No. 5).
• Type of security: Equity shares of Rs 10/- each (Annexure A, Sl. No. 1).
• Type of issuance: Bonus issue (Annexure A, Sl. No. 2).
• Total number of securities proposed: Up to 51,43,500 equity shares of Rs 10/- each, aggregating to Rs 5.14 cr (Annexure A, Sl. No. 3).
• Pre-bonus paid-up equity share capital: Rs 9.26 cr divided into 92,58,300 equity shares of Rs 10/- each (Annexure A, Sl. No. 6).
• Post-bonus paid-up equity share capital (approx.): Rs 14.40 cr divided into 1,44,01,800 equity shares of Rs 10/- each (Annexure A, Sl. No. 6).
• Reserves to be capitalised: Bonus shares will be issued out of free reserves and/or securities premium account and/or capital redemption reserve account (not revaluation reserve) as at March 31, 2026 (Annexure A, Sl. No. 4).
• Free reserves/share premium required for bonus: Rs 5.14 cr (Annexure A, Sl. No. 7).
• Free reserves/share premium available for capitalisation: Rs 5.28 cr as on March 31, 2026 (Annexure A, Sl. No. 8).
• Audit status of figures: Yes [audited financial statements as at March 31, 2026] (Annexure A, Sl. No. 9).
• Estimated credit/dispatch timeline: Within 2 months from the date of Board approval (Annexure A, Sl. No. 10).

The outcome letter states that “The Record Date for determining the entitlement of members to receive the bonus shares will be intimated in due course.” As of this filing, no specific record date has been announced.

Eligibility will therefore depend on being a shareholder of Indus Finance Limited on the record date that the company will later notify to the stock exchange. Investors should watch for a separate communication specifying this date and the corresponding ex-date.

According to section “(b) Issue of Bonus Shares” of the board’s outcome letter, the bonus issue has been approved and recommended to the members for their approval, and is “subject to the approval of the members of the Company through Postal Ballot.”

The company has also stated in Annexure A that the bonus shares would be credited or dispatched within 2 months from the date of Board approval, indicating the intended implementation timeline once shareholder approval and other formalities are completed.

The same board meeting on 14 October 2026 also dealt with quarterly unaudited financial results and changes to the internal auditor, but those do not affect the bonus entitlement mechanics described above.