Dont miss action in these stocks that will turn ex-bonus this week!

Dont miss action in these stocks that will turn ex-bonus this week!

Armaan Madhani
/ Categories: Trending, Mindshare

A bonus issue is preferred by companies as an alternative to giving out dividends.

A listed company issues bonus shares due to free reserves & surplus as well as to add fresh capital.  

A stock bonus issue implies that an investor has received additional shares to the extent of the specified proportion. The additional shares are allotted without any consideration i.e. free of cost!  

By issuing bonus shares, the number of outstanding shares increase with a proportional decrease in the value of each share, ensuring no change in the market capitalisation. However, the face value of the shares remains the same post bonus issue.  

A bonus issue is preferred by companies as an alternative to giving out dividends. It also enhances the liquidity of shares, thereby increasing the participation of investors and traders.   

Following is the list of stocks that will turn ex-bonus this week!   

Company Name 

Ex-Date 

Corp Action 

SecUR Credentials Ltd 

4-Jan-23 

Bonus Issue 3:1 

G M Polyplast Ltd 

4-Jan-23 

Bonus Issue 6:1 

Globe Commercials Ltd 

6-Jan-23 

Bonus Issue 1:1 

Rama Steel Tubes Ltd 

6-Jan-23 

Bonus Issue 4:1 

Investors should watch out for these stocks in the upcoming trading sessions. 

Previous Article Keep an eye on this stock, which has been locked in the upper circuit as the Board considers delisting this week!
Next Article Top 3 small-cap stocks that gained over 5 per cent today; do you own any?
Rate this article:
4.0

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR