Sylph Technologies approves 5:11 bonus issue & capital hike
Sylph Technologies Ltd approved a 5:11 bonus share issue, capitalising ₹38.53 crore from its ₹46.18 crore Securities Premium Account. The paid-up share capital will rise from ₹84.77 crore to ₹123.30 crore. The Board also approved increasing Authorised Share Capital from ₹100 crore to ₹125 crore, subject to shareholder approval via postal ballot.