Upcoming Bonus Shares: 3 Companies Likely To Issue Bonus Shares In Nov

Three companies are likely to issue bonus shares this month. These companies are Giriraj Civil Developers Limited, Sonata Software, and Jeena Sikho Lifecare Limited. Giriraj Civil Developers and Jeena Sikho Lifecare have fixed record date for bonus shares. Sonata Software has yet to issue record date for 1:1 bonus share. Check details below:

1. Giriraj Civil Developers Limited Declares Record Date For Bonus Share: It declared bonus share in the ratio of 4:1 According to the NSE filing of the company dated October 27, 2023, "This is to inform you that pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed Friday, November 03, 2023 as the Record Date to determine eligible shareholders entitled to receive the Bonus Equity Shares of the Company in the proportion of (Four) Equity Share of Rs 10/- each for every (One) existing Equity Share of Rs. 10/- each, through the approval of shareholders which has been obtained in the Annual General Meeting of the Company held on September 27, 2023."

Giriraj Civil Developers Stock Performance & Return: Current market price of Giriraj Civil Developers share on NSE is Rs 1950.00 per share. Its 52-week high price is Rs 2050.00 per share and 52-week low price is Rs 119.05 per share. Giriraj Civil Developers shares gained 458% in last 3-months and soared 1537% in last 1-year. It has a market capitalisation of Rs 932.90 crore.

2. Jeena Sikho Lifecare Limited Announces Record Date For Bonus Share: The company will issue 4 equity bonus shares to shareholders for every 5 shares held on November 2, 2023. According to the NSE filing of the company issued on October 16, 2023, "This has reference to the captioned matter, and pursuant to the provisions of Regulation 42 of the SEBI (Listing Obligation of Disclosure Requirement) Regulation, 2015, we wish to inform that JEENA SIKHO LIFECARE LIMITED ("the Company") has fixed Thursday, 2 nd November, 2023, as the Record Date as per below details, to determine eligibility of the shareholders entitled for issuance and allotment of bonus equity shares of the Company, subject to approval of shareholders of the Company in the Extra-Ordinary General Meeting of the Company, scheduled to be held on Monday, 23rd October, 2023."

Jeena Sikho Lifecare Stock Outlook & Return: Current market price of Jeena Sikho Lifecare share on NSE is Rs 1444.90 per share. Its 52-week high price is Rs 1500 per share and 52-week low price is Rs 140.00 per share, respectively. Jeena Sikho Lifecare shares gained 76% in last 3-months and offered 927% return in last 1-year. Its market capitalisation is Rs 1986.19 crore.

3. Sonata Software Approves 1:1 Bonus Share: It declared bonus share in the ratio of 1:1 and the company has yet to declare record date for 1:1 bonus issue. As per the exchange filing of the company issued on October 25, "Considered, approved and recommended a bonus issue of 1 (one) equity share for every 1 (one) equity share held by the Shareholders of the Company as on the record date. The bonus issue of equity shares will be subject to approval by the Shareholders through Postal Ballot, and any other applicable statutory and regulatory approvals. The Bonus shares once allotted shall rank pari-passu in all respects and carry the same rights as the existing Equity Shares and shall be entitled to participate in full in any dividend and other corporate action, recommended and declared after the new equity shares are allotted."

The company also declared an Interim Dividend of Rs. 7 per share (700% on par value of Rs. 1/-) for the financial year 2023-24. The Record date for the purpose of payment of the Interim Dividend will be on Tuesday, 7th November, 2023.

Sonata Software Stock Performance & Return: Current market price of Sonata Software Ltd share on BSE is Rs 1156.55 per share with intraday gain of 0.53%. Its 52-week high price is Rs 1195.00 per share and 52-week low price is Rs 510.50 per share, respectively. Its market capitalisation is Rs 16,216.27 crore. Sonata Software shares gained 122% in last 1-year and 387% in last 3-years.

Disclaimer:

The stocks just highlight the bonus share and are not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.