For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

3 Stocks To Turn Ex-Bonus Next Week: All You Need To Know

|

In the financial market, bonus shares are the additional or free shares provided to existing shareholders by an issuing company on a specific record date based on the existing number of shares they hold. The shares of a particular company must be purchased before the ex-date to qualify for bonus shares and all current shareholders before the ex-date and record date are entitled to receive bonus shares issued by a firm. So, here are the three stocks that will become ex-bonus next week, and you can decide whether or not you want to own them.

 

5 Stocks To Trade Ex-Dividend Next Week5 Stocks To Trade Ex-Dividend Next Week

Nirmitee Robotics India Ltd

Nirmitee Robotics India Ltd

The company announced a bonus share issuance in the ratio of 5:1 on April 18, 2022, with the record date set for April 26, 2022, and the stock trading ex-bonus on Monday, April 25, 2022.

The company has informed BSE by saying that "With reference to captioned subject and previous intimations and pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that Tuesday, 26th April, 2022 has been fixed as the Revised Record Date for the purpose of determining entitlement/ eligibility of Shareholders (Members) to receive the Bonus Shares in the ratio of 5:1 i.e. 5 (Five) Bonus Shares for every 1 (One) fully paid-up Equity Shares of Rs 10/- (Rupees Ten) each held by the member."

Nirmitee Robotics India Limited is a company that specialises in ozone treatment and sterilisation of HVAC air ducts using its own revolutionary air duct inspection and cleaning robots. On the BSE, the company's shares closed at Rs 835.35 on Friday, up from Rs 795.60 the day before, representing a gain of +39.75 (5.00 per cent).

Shree Ganesh BioTech India Ltd
 

Shree Ganesh BioTech India Ltd

On March 7, 2022, Shree Ganesh Biotech (India) authorised the issuing of bonus shares in a 1:1 ratio. The record date has been scheduled for April 28, 2022, and the stock will trade ex-bonus on April 27, 2022.

Shree Ganesh Biotech (India) Limited is a Kolkata-based company that specialises in seed and bhushi trading. The company's major activity is producing, processing, and distributing high-quality hybrid seeds for a variety of crops such as corn, sunflower, cotton, paddy, grain sorghum, and others. On Friday, the company's shares closed at a market price of Rs 8.26 on the BSE, down -0.22 (2.59 per cent) from the previous closing price of Rs 8.48.

Pro Fin Capital Services Ltd

Pro Fin Capital Services Ltd

The company has set the 29th of April 2022 as the record date for issuing 2 bonus shares for each existing share owned by a shareholder, as well as a 1:10 stock split. This means that the stock will trade ex-bonus on April 28, 2022.

The company has informed BSE on 18th April 2022 by saying that "Pursuant to Regulation 42 of SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015 we would like to inform you that the Company has fixed Friday, 29 April, 2022 as the "Record Date", for the purpose of Sub-division of Equity Shares (all the Authorized, Issued, Subscribed and Paid-up Equity Shares of face value of Rs. 10/- (Rupees Ten Only) each shall stand sub-divided into 10 (Ten) Equity Shares of face value of Re. 1/- (One Rupee) each fully paid-up) and ascertaining the eligibility of shareholders entitled for issuance of Bonus Equity Shares of the Company in the proportion of 2 (two) Equity Shares of Re. 1/- each for every 1 (One) existing Equity Share of Re. 1/- each, in accordance with the approval of shareholders in Extra-Ordinary General Meeting held on Monday, 18 April, 2022."

On the BSE, the stock closed at a market price of Rs 186.95 on Friday, up from Rs 178.05 the day before, a gain of Rs 8.90. (5.00 per cent).

Story first published: Sunday, April 24, 2022, 17:05 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X