These days the domestic stock market has returned to the path of making new records continuously. During the last two weeks, BSE Sensex and NSE Nifty have created new all-time high levels several times. Meanwhile, investors are getting many opportunities to earn in the market. Every day the shares of many companies are getting ex-dividend, then one after the other 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, shares of many companies are going to be ex-bonus in the coming days. Those companies include names like Tapadia Tools, Aptech, Anmol India, Abhishek Integrations, Leading Leasing Finance & Investment and NDR Auto Components. This year around 35 companies have announced to give bonus shares to their shareholders.
Meaning of bonus share
Bonus share means in a way the reward given by the companies to its shareholders. Companies provide additional shares to existing shareholders without any money in bonus. For example, if bonus shares are declared in the ratio of 2:1, then the existing shareholders will get one additional share for every 2 shares held. For this, the date on the basis of which the beneficiary shareholders are selected is called the ex-bonus date.
Taparia Tools
This company has announced to give bonus shares in the ratio of 4:1. This means that all the existing shareholders of the company are going to get one free share for every 4 old shares held. The company has fixed the record date for this on 11th July. The proposal is yet to be approved by the shareholders.
Aptech
Aptech’s share is getting X-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 the existing shareholders are going to get 5 new free shares for every 2 old shares held. The board has also approved the proposal to pay an interim dividend at the rate of Rs 6 per share. It has proved to be a multibagger over the past few years and has gained 136 per cent in the last year. So far this year, the stock is up 58 per cent.
Anmol India
Anmol India’s share is getting X-bonus on 18th July. The board of this company has approved the proposal to issue bonus shares in the ratio of 4:1. Means shareholders of Bhansali Engineering are going to get 1 share in bonus for every 4 shares held. Its shares have gained 65 per cent so far this year.
Abhishek Integrations
The Board of Directors of the company has approved the bonus in the ratio of 1:1. This means that the existing shareholders are going to get one new share for every share held. For this, the record date has been set on 19 July.
Leading Leasing Finance and Investment
The company’s stock is going to be ex-bonus on 20 July. Its board has also approved the proposal to issue bonus shares in the ratio of 1:1.
NDR Auto Components
The shareholders of this company, which manufactures auto parts, are also going to get one share for one share. This share is getting ex-bonus on 24th July.
Remedium Lifecare
Remedy Lifecare’s share is 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 the existing shareholders of the company are going to get 5 new shares for every 9 old shares held.
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. Always take expert advice before investing money as an investor. It is never advised here to invest money on behalf of ABPLive.com.
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