1:3 & 1:5 Bonus Shares: 2 Penny Stocks Fixes 4th October As Record Date

Classic Electricals Ltd and Shikhar Leasing & Trading Ltd are the two micro-cap companies that have declared record date for bonus shares. Classic Electricals Ltd has declared bonus shares in a 1:5 ratio while Shikhar Leasing & Trading have declared 1:3 bonus shares. Both penny stocks have fixed Friday, 4th October,
2024 as the record date in order to determine the eligibility of the shareholders for the purpose of bonus shares.

Classic Electricals Bonus Shares

For the purpose of 1:5 bonus issue of 5 new fully paid-up equity shares of Rs 10/- each for every 1 existing fully paid-up equity share of Rs. 10/- each held by them, the company has fixed Friday, 4th October 2024 as the record date subject to the approval of Members at the ensuing 39th Annual General Meeting of the Company scheduled to be held on 24th September 2024.

The last trading price of Classic Electricals is Rs 15.50 apiece which was recorded on 05 Oct 07. The company's market cap was Rs 2.30 Cr.

Established in 1985, Classic Electricals Limited is a Mumbai-based company that engages in the manufacturing, moulding, producing, assembling, processing, purchasing, selling, importing, exporting, and dealing in switch plates and switch boxes made of polystyrene, polypropylene, polycarbonate, ABS nylon, and plastic materials, as well as all types of electrical goods, accessories, electrical wiring accessories, instruments, appliances, and apparatus of every kind and description, including switches, sockets, plugs, lighting, fittings, fixtures, chokes, starters, conductors, jacks, and adaptors, as well as bells, buzzers, fuse, switch-gears, switch-boards, motors, heaters, capacitors, motor starters, of all kinds and descriptions, including parts, components, materials, and accessories thereof.

Shikhar Leasing & Trading Bonus Shares

For the purpose of 1:3 bonus issue of 3 new fully paid-up equity shares of Rs 10/- each for every 1 existing fully paid-up equity share of Rs. 10/- each held by them, the Board of Directors of the company have fixed Friday, 4th October, 2024 as the record date subject to the approval of Members at the ensuing 40th Annual General Meeting of the Company scheduled to be held on 24th September, 2024.

The last traded share price of Shikhar Leasing & Trading is Rs 3.15 tracked on 10 Jan 08 om BSE. The company's market cap was Rs 0.32 Cr.

Shikhar Leasing & Trading's share price was last traded on January 10, 08, as reported by the BSE, at Rs 3.15. The market value of the firm was Rs 0.32 Cr. In all of its branches, the company deals in natural starch and other sizing materials, dye-stuff synthetic or chemical substances, all kinds of compounds and other substances, either basic, intermediate, all kinds of paper, electrical fittings, fixtures, and electronic goods, and trading in such other items. The company also trades in yarns and fabrics of wool, cotton, jute, silk, rayon, nylon, terylene, and other natural, synthetic, and/or fibrous substances.