Bonus Declared By Companies, List Of Companies Issing Bonus Shares, Company Bonus Shares (2024)

FAQs

Which companies are going to issue bonus shares? ›

Bonus Issue Record Date

"Remedium Lifecare Limited has fixed the Record date as Saturday, 06th July, 2024 in order to determine the number of shareholders entitled for Bonus Equity shares in the ratio of3:1 (i.e., Three Equity Shares of Re. 1/- each fully paid up for every One Equity Share of Re.

Issuing bonus shares increases the total number of outstanding shares in the company, thereby enhancing liquidity in the market. Moreover, reduction in the share price after the bonus issue will make the share affordable and attractive, especially for new investors.

What is a Bonus Issue? A bonus issue, also known as a scrip issue or a capitalization issue, is an offer of free additional shares to existing shareholders. For example, a company may give one bonus share for every five shares held. Companies issue bonus shares to attract further investment and reward shareholders.

Who is Eligible for Bonus Shares? Shareholders who own the company's shares before the ex-date and record date are eligible to receive bonus shares from the company. In India, the T+2 rolling system is set for the delivery of the shares, wherein the record date is two days behind the ex-date.

First on our list is the Indian oil major BPCL, i.e., Bharat Petroleum Corporation Limited. The firm has rewarded its shareholders with bonus shares 4 times since the year 2000, making it a company offering regular bonus-giving stocks in India.

Bonus shares are beneficial to shareholders in many ways. The advantages of bonus shares include the following: Bonus shares give investors more shares, increasing their investment and making it easier to buy and sell stocks.

What are the disadvantages of bonus shares? ›

Which are the top dividend yield stocks in India? Some of the highest dividend paying stocks in India are Vedanta Ltd., Hindustan Zinc Ltd, Coal India Ltd, T.V. Today Network Ltd, Bhansali Engineering Polymers Ltd, Balmer Lawrie Investment Ltd, Coal India Ltd.

Can I sell bonus shares immediately? The shares are credited in case of a bonus issue a few days (normally 15 days) after the ex-date. Thus the investor is unable to sell the share before it is credited to his demat account because doing so could result in an auction.

In India, the delivery of shares into a Demat account takes place two days after the trading date. All existing shareholders before the ex-date and record date are eligible to receive bonus shares issued by a company. However, to qualify for bonus shares, the company stocks must be bought before the ex-date.

Integrated Industries Ltd has fixed April 16, 2024 as the record date for determining the eligibility of shareholders for issuance of bonus equity shares. Bonus shares 2024: Shares of Integrated Industries Ltd will be in focus when the stock market opens on Tuesday (April 16).

In its regulatory filing, IOCL said, "Friday, July 12, 2024, as the record date for the purpose of determining the eligibility of members to receive a final dividend for the year ended March 31, 2024. The oil company had announced a Rs 7 per equity share dividend along with its fourth quarter (Q4 FY24) numbers.