2 Stocks To Buy For Bonus Shares, Record Date This Week: Stocks Rally Sharply On BSE

Bonus shares are known as the additional shares offered by the listed company in the stock markets. Bonus shares are offered to the stock's shareholders as fully paid shares, without any extra charges. Find two small-cap stocks here offering bonus shares, fixed record date this week.

U H Zaveri Ltd. - bonus share

Multibagger stock, U H Zaveri Ltd. recently informed the stock exchange that its board has fixed the record date on October 19, for issuing the 2:3 bonus shares to the shareholders. The company mentioned to BSE, "We wish to inform you that the company has fixed Wednesday, October 19, 2022 as the 'Record Date' for determining the eligibility of members for the purpose of Bonus Issue of the equity shares of the company for the face value of Rs. 10 each subject to In Principal approval letter of BSE Limited."

The share price of U H Zaveri on BSE stood at Rs. 55 a piece, at the time of writing today. It is one of the top performing small-cap stocks on BSE, concerning both short-term and long-term. The stock has surged by 63.93% in the past 1 month, and surged by 242.68% in the last 6 months. Additionally, in the last 1 year its share price gained sharply by 340%.

Regency Fincorp - bonus share

Regency Fincorp informed the stock exchange that its board has fixed the record date on October 21, for issuing the 1:1 bonus shares to the shareholders. The company stated to BSE, "We hereby inform that the Board of Directors at their meeting held today, i.e., Monday, 10th October, 2022 has fixed Friday, 21st October, 2022 as Record Date for the purpose of ascertaining the eligibility of the Members for allotment of bonus shares in the ratio of 1:1 i.e. One (1) Bonus Equity Share of Rs. 10 each fully paid up for every One (1) Existing Equity Share of Rs. 10/- each held."

The share price of Regency Fincorp on BSE stood at Rs. 13.51 a piece, with 5% intra day gain, at the time of writing today. The stock has surged by 22.82% in the past 1 month, and surged by 39.28% in the last 6 months. Additionally, in the last 1 year its share price increased by 31.93%.

Disclaimer

Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, and the author are not liable for any losses caused as a result of decisions based on the article. This article only incorporates the recent stock-related information about the companies.