4 Small-Cap Stocks To Go Ex-Bonus Soon, Details Here

Four small cap companies that have announced bonus share earlier last month this year are all set to trade ex-bonus as the ex-bonus date is just a few days away now. These stocks are Escorp Asset Management Ltd., Hardwyn India Ltd, Relicab Cable Manufacturing Ltd, and Rajnish Wellness Ltd. Check the key details below:

Name Of The Company	Bonus Issue Ratio	Record Date	Ex-Bonus Date
Escorp Asset Management Ltd.	3:2	25/07/2022	25/07/2022
Hardwyn India Ltd.	1:2	26/07/2022	25/07/2022
Relicab Cable Manufacturing Ltd.	74:100	25/07/2022	22/07/2022
Rajnish Wellness Ltd.	2:1	22/07/2022	21/07/2022

1. Escorp Asset Management Ltd

The company's board of directors approved a bonus share issue in the ratio of 3:2. The board of directors in their BSE filing informed, "In compliance with Regulation 42(2) & (3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has fixed Monday, 25th July, 2022 as the record date for the purpose of ascertaining the eligibility of shareholders for issuance of bonus shares in the proportion of 3 (three) fully paid-up equity shares for every 2 (Two) existing fully paid-up equity share held subject to the approval of shareholders which is being obtained through Postal Ballot process. The Postal Ballot voting will end on Thursday, 14th July, 2022 and the voting result will be announced latest by Saturday, 16th July, 2022."

The company operates as an asset management company. It offers portfolio management, financial planning, research, corporate treasury, and investment advisory services. EAML serves customers in India. The current market capitalization is 13.67 crore.

2. Hardwyn India Ltd

The company has issued bonus share in the ratio of 1:2. The company informed BSE in its filing, "This is to informed that pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) 2015, it is to inform that the Company has fixed Friday, 22nd July, 2022 as the 'record Date' for the purpose of ascertaining the eligibility of Shareholders entitled for issuance of fully paid up Bonus Shares in the ratio of 1:2 (i.e. issue of 1(One ) equity share for every existing 2(Two) equity shares held of Rs 10/- as on the above mentioned record date), each subject to approval of Shareholders. This is for your information and record."

Hardwyn is a manufacturer of architectural hardware products established in 1965 which provides complete solution to residential and commercial structures. The current market capitalization is Rs 262 crore.

3. Relicab Cable Manufacturing Ltd

It has approved bonus share issue in the ratio of 74:100. The board of directors of the company informed BSE, "In compliance with Regulation 42(2) & (3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has fixed Monday, 25th July, 2022 as the record date for the purpose of ascertaining the eligibility of shareholders for issuance of bonus shares in the proportion of 74 (Seventy-Four) fully paid-up equity shares for every 100 (Hundred) existing fully paid-up equity share held subject to the approval of shareholders which is being obtained through Postal Ballot process. The Postal Ballot voting will end on Thursday, 14th July, 2022 and the voting result will be announced latest by Saturday, 16th July, 2022. Kindly take the same on records."

It was founded in the year 1992, known as "Relicab Cable Manufacturing Limited" and emerged as the leading manufacturer and supplier of industrial cables. The market capitalization is Rs 34.03 crore.

4. Rajnish Wellness Ltd

The company announced bonus share issue in the ratio of 2:1. The company informed BSE in its filing, "In terms of regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that board of the Directors have fixed Friday, 22nd July, 2022 as the ''Record Date'', for the purpose of: 1. Sub-division/split of equity shares of the company (1 equity share of Rs. 10/- each to 5 equity shares of Rs. 2/- each) 2. Issue of bonus shares of 25,61,58,220 equity shares in the ratio of 2:1 (2 equity shares of Rs.2/- each for every 1 existing equity share of Rs.2/- each). You are requested to kindly take the same on record."

Rajnish Wellness is the extension and expansion of Rajnish Hot Deal Pvt Ltd. With the exponential growth success of Rajnish Hot Deals Pvt Ltd., the company has now transcended to a Public Limited Company. It started as a small teleshopping venture with the name- Quick Service (QS) Advertising in the year 2009 and has grown philosophically and physically into a brand in ayurvedic product industry dedicated to people's personal and sexual wellness.

It has a market capitalization of Rs 620 crore.