Currently the local stock market is on track to continuously set new records. During the last two weeks, BSE Sensex and NSE Nifty have made new all-time high levels several times. Meanwhile, investors are finding many opportunities to make money in the market. Every day the shares of many companies are getting ex-dividend, then one after another many companies are giving bonus shares to their shareholders.
These companies are going to give bonus
According to the information available on the BSE website, the shares of many companies are going to be ex-bonus in the coming days. Among those companies are Tapadia Tools, Aptech, Anmol India, Abhishek Integrations, Leading Leasing Finance & Names like Investment and NDR Auto Components are involved. This year around 35 companies have announced to issue bonus shares to their shareholders.
Meaning of Bonus Shares
Bonus shares means a reward given by companies to its shareholders. is Companies offer additional shares to existing shareholders without any money as a bonus. For example, if bonus shares are declared in the ratio of 2:1, existing shareholders will get one additional share for every 2 shares held. For this, the date on which the beneficiary shareholders are selected is called the ex-bonus date.
Taparia Tools – Taparia Tools
This company has announced bonus shares in the ratio of 4:1. This means that all existing shareholders of the company will get one free share for every 4 old shares. The company has set a record date of July 11 for this. The proposal is pending shareholders’ approval.
Aptech
Aptech shares are getting ex-bonus on 14th July. The board of this company has approved the proposal to issue bonus equity shares in the ratio of 2:5. This means that existing shareholders will get 5 new free shares for every 2 old shares. The board has decided to pay Rs. It has also approved the proposal to pay interim dividend at the rate of 6. It has proved to be a multibagger in the last few years and has grown 136 percent in the last year. The stock has gained 58 percent so far this year.
Anmol India
Anmol India shares are getting an ex-bonus on July 18. The board of this company has approved the proposal to issue bonus shares in the ratio of 4:1. So the shareholders of Bhansali Engineering will get 1 share in bonus for every 4 shares. Its stock has gained 65 percent so far this year.
Abhishek Integrations
The company’s board of directors has approved bonuses in a 1:1 ratio. This means that existing shareholders will get one new share for every share held. A record date of July 19 has been fixed for this.
Leading Leasing Finance and Investment
The company’s stock is going to be ex-bonus on July 20. Its board has also approved a proposal to issue bonus shares in the ratio of 1:1. Share to be had. This share is getting ex-bonus on 24th July.
Remedial Lifecare
Shares of Remedy Lifecare are getting ex-bonus on 29th July. Its board has approved the issue of bonus shares in the ratio of 9:5. This means that all existing shareholders of the company will get 5 new shares for every 9 old shares.
Disclaimer: The information provided here is for information only. It is important to mention here that investing in the market is subject to market risks. As an investor always seek expert advice before investing money. Investment of money on behalf of ABPLive.com is never advised here.
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