Two Stocks To Go Ex-Bonus By June 21

In the last three months, several companies posted their Q4 results and even declared bonus shares, dividends, or stock splits. In May and April out of the several companies, two companies shared that June 21, is the record date fixed to note down the names of shareholders eligible for the bonus shares offered. Given below are the details of each.

1. Gulshan Polyols Ltd

Gulshan Polyols Ltd is India's leading manufacturer of ethanol/bio-fuel, grain, and mineral-based specialty products with three decades of experience. The business portfolio broadly spans three main segments: grain processing, bio-fuel / distillery, and mineral processing operations. This allows the company to produce specialty products such as starch and starch derivatives including sorbitol, calcium carbonate, ethanol (bio-fuel), country liquor, and agro-based animal feed. It is a small-cap company with a market capitalisation of Rs 1,428.81crores.

The board of the company has approved giving bonus equity shares of the company in the proportion of a 1:5 ratio. A person holding a single equity share of Re 1 will get every 5 additional equity shares of Re 1 each if it is held as on the record date.

Stock Price Movement
The latest stock price of the company has declined marginally by 0.51% to Rs 272.85 per share on an intraday basis. In the last one year, the share price has rallied by 14.81% while in three years it has skyrocketed by 770.33%.

2. IndiaMART InterMESH Ltd

IndiaMART InterMESH Ltd is a mid-cap company incorporated in the year 1999. It is an Indian e-commerce company headquartered in Noida. It provides B2B and customer-to-customer sales services via its web portal. a business-to-business portal to connect Indian manufacturers with buyers. It has a market capitalisation of Rs 17,179.22 crores.

The company has declared to issue and allot bonus equity shares in proportion to 1 equity share of Rs 10 each fully paid-up for every 1 existing equity share of Rs 10 each fully paid-up of the company subject to the approval of the shareholders in the annual general meeting.

Stock Price Movement
The latest stock price of the company has declined marginally by 0.11% to Rs 5,611.45 per share on an intraday basis. In the last one year, the share price has rallied by 26.81%, and in the last three years, it has surged by 138.09%.

Disclaimer
Please note that the above-mentioned data that the stock price has grown should be treated as purely informational and not an advisory to investing. These should not be construed as recommendations to either hold, buy, or sell in the stocks listed above. We have not done any detailed fundamental analysis, hence caution should be exercised while investing. Neither Greynium Information Technologies nor the author would be held responsible for the losses incurred due to any decision taken based on this write-up.