Best Agrolife Limited has announced the allotment of 11,82,23,700 fully paid-up equity shares of Re. 1/- each as bonus shares. This allotment is in the proportion of one equity share for every two existing equity shares, based on the record date of Friday, January 16, 2026. The decision follows the approval of shareholders at the Extraordinary General Meeting held on December 29, 2025, and in-principal approvals from BSE Limited and the National Stock Exchange of India Limited.

The Board of Directors, in their meeting held on Monday, January 19, 2026, finalized this allotment. Additionally, the company has reserved 1,17,18,750 bonus shares for outstanding warrant holders, pending their conversion into equity shares upon payment of the remaining 75% amount.

Consequent to this bonus share allotment, the company's paid-up equity share capital has increased from ₹23.64 crore (23,64,47,400 shares) to ₹35.46 crore (35,46,71,100 shares). The newly allotted bonus shares will rank pari-passu with the existing equity shares in all respects. The Board meeting for this allotment commenced at 10:00 A.M. and concluded at 10:30 A.M. on January 19, 2026.