2 Small Cap Stocks Declare 1:2 Bonus Share, 225% Interim Dividend: Key Takeaways

What is Bonus Share and how will benefit you?

A bonus share is defined as an additional share given to the existing shareholder by the company at no extra cost. It occurs when a company cannot pay cash dividends to the shareholders despite registering profitable turnover as a result of likely shortage of liquidity.

In such situation, the company issues additional shares in the form of bonus shares. There is a huge benefit of bonus share. When the company earns good profits, its stock price rises and consequently, the bonus share gives good profits to its shareholders. Also, when dividend is declared, shareholders can get extra return on bonus shares.

TAAL Enterprises Ltd To Soon Pay 225% Dividend

The board of directors of the company in its regulatory filing stated, "In pursuance of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the 'Listing Regulations'), please be informed that the Board of Directors at its meeting held today on Friday, September 16, 2022, have inter-alia considered and approved the Declaration of Interim Dividend of Rs. 22.50/- (225%) per Equity Share of Rs. 10/- each for the FY 2022-23. Pursuant to Regulation 42 of the Listing Regulations, the record date, i.e., September 24, 2022, for the purpose of payment of the Interim Dividend has been already intimated to the Exchange vide our earlier letter dt. September 13, 2022. The Interim Dividend will be paid/dispatched to the shareholders on or before October 15, 2022."

TAAL Enterprises Ltd Stock Outlook, Market Capitalisation, And About The Company

The current market price of the stock is Rs 1645 apiece. Its 52-week high is Rs 2524 apiece and 52-week low is Rs 930 apiece, respectively. It has a market capitalisation of Rs 512 crore.

It has given multibagger returns to investors with 1021% return in last 5 years and 558% return in last 3 years.

TAAL Enterprises Limited owns and operates a fleet of aircaft. The Company offers corporate charter services. It came into existence in 2014 and operates in Airlines sector.

Insecticides India Ltd Fixes Record Date For 1:2 Bonus Issue

The board of directors of the company has fixed record date for bonus issue as October 3, 2022.

The board of directors in its BSE filing stated, "With reference to our letter No. IILlSE/2022/200811 dated August 20, 2022 wherein, we had intimated that the Board has recommended to issue of bonus equity shares in the ratio of 1:2, i.e. 1 (One) equity share of ~ 101- each for every 2 (Two) fully paid-up equity share of ~ 101- each held, subject to approval by the shareholders and any other regulatory approvals. Now we wish to inform you that, pursuant to Regulation 42 of the SEBI Listing Regulations, 2015, the Company has fixed Monday, October 03, 2022 as the 'Record Date' for the purpose of determining the members, eligible for the issue of bonus equity shares of the Company."

Insecticides India Ltd Stock Outlook, Market Capitalization, And About The Company

The current market price of the stock is Rs 986 apiece with its 52-week high at Rs 1094 apiece and 52-week low at Rs 582 apiece, respectively. The company has a market capitalisation of Rs 1,954 crore.

The stock has given a return of 5% in last 5 years and 61% in last 3 years.

Insecticides (India) Ltd. is committed to fortify Agriculture with a highly productive and progressive vision and mission to make Farmers prosperous. Having made a modest foray into agriculture space in 2001, today Insecticides (India) is one of the premier names in Crop Protection Industry.