5 Companies To Consider And Approve Bonus Issue: Key Takeaways

1. Yug Décor Ltd

Yug Decor manufactures all adhesives like Contact Adhesive, PVA Glue, Wood Glue and Shoe Glue. All our adhesives are under the brand name of Yug-Col. Yug Decor Limited is a listed company on the BSE- SME index in India since 2017. Yug Decor Limited manufactures different kind of adhesives such as synthetic binders, synthetic rubber adhesives, synthetic resin adhesives, natural rubber adhesives, footwear adhesives under the brand name of YUG-COL.

The board of directors of the company in their regulatory filing dated August 5, 2022 stated, "The Prior intimation pursuant to the proposal of Bonus issue to be considered by the Board of Directors at the ensuing Board meeting to be held on 16th August, 2022."

The current market price of the stock is Rs 52.50 with a huge gain of 19.86% in today's trading on BSE. The stock has also hit its new 52-week high today at 52.50 apiece. The 52-week low of the stock is Rs 22 apiece. The company has a market capitalization of Rs 21.89 crore.

2. M Lakhamsi Industries

M Lakhamsi Industries Limited is an investment banking company. M Lakhamsi Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on August 13, 2022, inter alia, to consider and approve the following matter(s): 1. To consider, approve, and take on record the Standalone Unaudited Financial Results of the Company along with Limited Review Report for the Quarter ended on June 30, 2022. 2. To consider, propose and approve the bonus issue of shares.
The current market price of the stock is Rs 6.72 apiece on BSE. It has touched 52-week high at Rs 6.72 apiece and 52-week low at Rs 6.40 apiece. The company has a market capitalization of Rs .57 crore.

3. Pondy Oxides & Chemicals Ltd

POCL is the leading Secondary Lead Smelter in India. It produces the highest quality lead and lead alloys and PVC additives which are supplied to its customers who are mainly battery manufacturers, chemical manufacturers and PVC extruded and moulded products. About Fifty percent (50%) of its production is exported to its numerous international customers mainly but not limited to the Asian region like South Korea, Japan, Indonesia and to Middle - East.

Pondy Oxides & Chemicals Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2022 ,inter alia, to consider and approve (1) Un-audited Financial Results for the quarter ended 30th June 2022; (2) the proposal for recommending declaration of Bonus Shares, if any, on the Equity Shares of the Company (3) any other subject.

The current market price of the stock is Rs 679 apiece on BSE with a decline of 0.66% in today's trading. It has scaled a 52-week high of Rs 929 apiece and touched 52-week low of Rs 359 apiece. The market capitalization is Rs 395 crore.

4. Ram Ratna Wires Ltd

The company was incorporated as Ram Ratna Winding Wires Pvt. Limited on 21st July, 1992. Later it was converted from Private Limited to Public Limited and changed its name to Ram Ratna Wires Ltd. The company is presently implementing the project at Survey No.212, village Dadra, UT of Dadra and Nagar Haveli for the manufacture of Super Enamelled Copper Winding Wires and Submersible Copper Wires.

The board of directors of the company in their BSE filing stated, "We are pleased to inform you that pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, 10th August, 2022, through video conferencing, inter alia, to consider, approve and take on record the following: 1. Unaudited Financial Results (Standalone and Consolidated) for the quarter ended on 30th June, 2022; 2. Increase in the Authorized Share Capital of the Company and consequent alteration of Clause V of the Memorandum of Association of the Company, subject to the approval by the members; and 3. Proposal for issue of Bonus Shares, subject to the approval by the members and any other requisite approvals. You are requested to kindly take the above information on record."

The current market price of the stock is Rs 301 apiece. The 52-week high is Rs 315 and 52-week low is Rs 122 apiece. It has a market capitalization of Rs 662 crore.

5. Shubham Polyspin Ltd

The company came into existence in 2012 and currently the company is producing 3000 MT of Polypropylene Multifilament Yarn per annum. Over the years Shubham Polyspin has emerged a sought-after brand in the Polypropylene Yarn (PP Yarn) sector across the globe. The board of the company has now announced that it would meet on August 13, 2022 to consider the bonus share issue. It has a market capitalization of Rs 251 crore at the time of writing the story.

The board of directors of the company in their BSE filing stated, "Shubham Polyspin Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2022 ,inter alia, to consider and approve With reference to the above, we have to inform you that the next meeting of the Board of Directors of the Company is scheduled to be held on 13th August, 2022 inter alia: 1. To take on record Unaudited Financial Results for the quarter ended on 30th June, 2022 2. To consider recommendation of Bonus equity shares 3. To review business activities of the Company 4. To consider any other matter with the permission of the Chairman In continuation of our letter dated 1st July, 2022, the period of closure of trading window shall be from 1st July, 2022 till 15th August, 2022 (Both days inclusive) i.e. 48 hours from the declaration of financial result for the quarter ended on 30th June, 2022 & other matters. This is as per Regulation 29 and other relevant Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015."

The current market price of the stock is Rs 283 apiece with a gain of 5% in today's trading. The company has a market capitalization of Rs 312 crore. Its 52-week high is Rs 283 and 52-week low is Rs 112 apiece.