3 Stock Splits And 2 Bonus Shares To Watch Out For Next Week

1. Garment Mantra Lifestyle:

This is a garments and apparels entity with a m-cap of Rs. 72.28 crore. Founded in 2005, the company formerly known as Junction Fabrics and Apparels Limited is engaged in the manufacturing of the latest fashion night wears under its exclusive Hylex, Monk and Helicon brands. The company's production units are in Nethaji Apparel Park,Tirupur.

In respect of its stock split, the company's shares will be sub-divided from Rs. 10 per equity share of the company into the equity share of Rs. 1 each. The record date for the same has been fixed as Thursday, May 19, 2022, while the stock shall turn ex-date on May 18, 2022.

2. Jet Freight Logistics:

This is another small cap company offering logistics solutions. The company is primarily engaged in handling of all cargo need of export and import by air and sea with focus on perishable and general cargo. In an exchange filing, the company said, "the Members of the Company by postal ballot, through remote e-voting only, approved Sub-division of every 1 (one) Equity Share of the nominal/face value of Rs. 10/- each into 2 (two) Equity Shares of
the nominal/face value of Rs. 5/- each.

3. La Tim Metal:

The company with its registered office in Mumbai is mainly into the business of trading of color coated coils and profile sheets. On April 8, the company's board recommended the proposal of sub-division of Company's 1 equity shares of face value of Rs.10/- each into 10 equity shares of face value of Rs 1 each. Later, on May 10 the company announced the record date for the split as May 23.

4. Sindhu Trade Links:

The diversified commercial services firm is in the business of transportation, trading of oil & diesel, finance, civil construction and mining of coal. The Company's segments include Finance Operations, Oil and Lubricants, and Transportation.

On April 8, the company announced and approved bonus share issuance and said " as part of company's endeavours in increase shareholders wealth the Board has approved the issue of Bonus Equity Shares to the existing shareholders in the ratio of 2:1, i.e. 2 Bonus Equity Share of Rs. 1/- each for every 1 existing Paid Up Equity Share, held by the shareholders on a record date, subject to statutory and other required approvals.

The company's 1-year return are mind-boggling of 1681%.

5. SecUR Credentials:

The company is into the business of background screening and due diligence. The Company provides end-to-end screening services. Its focused areas include background check (BGC) corporate, BGC individual and Due Diligence. The company announced bonus shares issuance on April 4 of 110 shares for every 100 shares held by the company's shareholder as on the record date.