From Indiamart To Blue Star 4 Stocks To Turn Ex-Bonus Next Week

Ashirwad Capital, Blue Star, Indiamart Intermesh and Gulshan Polyols are the 4 stocks that are going to turn ex-bonus next week starting from Monday. Bonus shares are additional shares that are freely offered to existing shareholders, however they are handed out in proportion to each shareholder's current equity stake in the company. Shareholders who held the equity shares of the company in his or her demat account on or before the ex-date and record date are eligible to receive bonus shares. As a result, here are the stocks that will go ex-bonus the next week; see if you hold any.

Ashirwad Capital

The Board of Directors of the company recommended bonus shares in 1:2 ratio hence for every 2 equity shares of the company the existing shareholders will get 1 additional share in bonus. "The Company has fixed Monday, June 19, 2023, as the "Record Date" for the purpose of ascertaining the eligibility of shareholders entitled to the issuance of Bonus Equity shares by the Company," said Ashirwad Capital in a stock exchange filing.

On Friday, the shares of Ashirwad Capital closed on the BSE at Rs 6.22 apiece up by 4.89% from the previous close of Rs 5.93. The stock made a 52-week-high of Rs 7.80 on (02/05/2023) and a 52-week-low of Rs 3.73 on (03/04/2023). The stock is going to trade ex-bonus on June 19, 2023.

Blue Star

The company has announced bonus shares in 1:1 ratio and as per the data of BSE, 20/06/2023 has been fixed as the record date and ex-date is also falling on the same day due to the T+1 settlement mechanism of the company.

On Friday, the shares of Blue Star closed on the BSE at Rs 1526.05 apiece down by 0.02% from the previous close of Rs 1526.35. The stock made a 52-week-high of Rs 1,554.40 on (14/06/2023) and a 52-week-low of Rs 860.00 on (04/07/2022).

IndiaMART InterMESH Ltd

The mid cap consumer discretionary company IndiaMART InterMESH has declared bonus shares in 1:1 ratio. In order to determine the eligibility of shareholders for the purpose of bonus shares, the Board of Directors of the company have fixed 21/06/2023 as the record date.

On Friday, the shares of IndiaMART InterMESH closed on the BSE at Rs 5912.85 apiece up by 1.27% from the previous close of Rs 5838.45. The stock made a 52-week-high of Rs 6,101.30 on (04/05/2023) and a 52-week-low of Rs 3,676.05 on (06/07/2022). The stock to trade ex-bonus on 21st June.

Gulshan Polyols

"We would like to inform you that the Company has fixed Wednesday, 21st day of June 2023 as the "Record Date", for the purpose of ascertaining the eligibility of shareholders be entitled for issuance of Bonus Equity Shares of the Company in the proportion of 1 (One) Equity Share of Re. 1/- each for every 5 (Five) existing Equity Shares of Re. 1/- each held as on the Record Date, subject to the approval of Members which is being obtained by way of Postal Ballot dated May 12, 2023 through e-voting," said Gulshan Polyols in a stock exchange filing.

On Friday, the shares of Gulshan Polyols closed on the BSE at Rs 278.00 apiece up by 1.29% from the previous close of Rs 274.45. The stock touched a 52-week-high of Rs 303.40 on (01/08/2022) and a 52-week-low of Rs 191.00 on (29/03/2023). The stock is going to turn ex-bonus on 21 June 2023.