1:1, 3:1 Bonus Shares: 2 Small Cap Multibagger Stocks Issue New Update On Bonus Issue

2 small cap companies issued new update on the bonus issues. These two companies are Shukra Pharmaceuticals and The Anup Engineering Ltd. Shukra Pharmaceuticals share and Anup Engineering Ltd share offered shareholders multibagger returns over the years. Shukra Pharmaceuticals recommended 3:1 bonus share and Anup Engineering Ltd declared 1:1 bonus issue.

Shukra Pharmaceuticals offered 197% in last 3-months only. Anup Engineering shares zoomed 221% in last 1-year and declared an equity dividend amounting to Rs 15.00 per share in last 12-months. More details below:

Shukra Pharmaceuticals Issues Update On 3:1 Bonus Issue: The ex-bonus date was April 19, 2024. As per the regulatory filing of the company dated April 25, "The Company has recieved approval from shareholders to issue bonus shares through postal ballot on April 3rd, 2024 and the BSE In Principle approval received on 18th March, 2024. The Board of Directors in their meeting held today has approved allotmentof 3,28,40,958 shares having face value of Rs, 10/-[Rupees Ten Only) each in ratio of 3(Three) new Equity shares for every 1[One) Equity shares held by the shareholders as on record date i.e. 20th April, 2024."

Shukra Pharmaceuticals Share Performance & Return: Last trading price of Shukra Pharmaceuticals share on BSE is Rs 93.40 per share with intraday gain of 1.97%. The 52-week high price of Shukra Pharmaceuticals shares on BSE is Rs 97.00 apiece (as on 07/03/2024) and 52-week low price is Rs 20.43 apiece (as on 27/10/2023), respectively. The company has a market cap of Rs 408.98 crore.
Shukra Pharmaceuticals shares offered return of 207% year-to-date, gave return of 327% in last 1-year, and soared 2639% in last 2-years.

2. Anup Engineering Ltd New Update On Bonus Issue: The ex-bonus date was fixed as 23 April, 2024. As per the exchange filing of the company dated April 26, 2024, "we would like to inform you that management committee of the Company has allotted 99,50,483 Bonus Equity Shares of Rs. 10/- each on Friday, 26th April 2024. The shares are allotted in the ratio 1: 1 i.e. 1 (One) new fully paid-up equity share of Rs. 10/- each for every 1 (One) fully paid-up equity share of Rs. 10/- each held, to the Shareholders of the Company whose names appear on the Register of Members/list of beneficial owners as on 23rd April 2024 ("Record Date")."

Anup Engineering Ltd Share Performance & Return: Last trading price of Anup Engineering Ltd share on BSE is Rs 1792.95 per share with intraday fall of 1.12%. The 52-week high price of Anup Engineering share on BSE is Rs 1999.00 per share (as on 23/04/2024) and 52-week low price is Rs 553.25 per share (as on 27/04/2023), respectively. Anup Engineering has a market capitalisation of Rs 3,568.14 crore. The company has a market capitalisation of Rs 3,568.14 crore. Anup Engineering shares surged 78% in last 6-months, soared 221% in last 1-year, and gained 311% in last 2-years.

Earlier, the Company entered into definitive share purchase agreement on 15th March 2024 to acquire 100% equity shares of Mabel Engineering Private Limited. ("Mabel")"
The Anup Engineering Ltd. announced 5 dividends since July 30, 2019. In last 12 months, it announced an equity dividend amounting to Rs 15.00 per share.

Disclaimer: The stocks highlight the bonus issue and are not 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.