Leading the list is Harshil Agrotech, which has announced a bonus issue in the ratio of 10:32. This means shareholders will receive 10 additional shares for every 32 held.
Laxmi Goldorna House follows with a 7:5 bonus ratio, rewarding investors with 7 new shares for every 5 owned.
Narmada Macplast Drip Irrigation Systems will issue bonus shares in a 1:1 ratio, effectively doubling the number of shares held by existing investors.
Purity Flex Pack and Ujaas Energy declared a 2:1 bonus issue, granting two additional shares for each one held.
Upsurge Seeds Of Agriculture, operating in the agri-input sector, is offering bonus shares in a 3:7 ratio, meaning 3 bonus shares for every 7 held.Valiant Communications, involved in providing telecom and communication solutions, has announced a 1:2 bonus, offering one bonus share for every two held.This data on upcoming bonus actions has been sourced from StockEdge, a market analytics and screening platform widely used by investors.
Therefore, October 9 is the critical cut-off date to become eligible for bonus shares from these companies. Any shares purchased on or after the ex-date, October 10, will not carry the bonus entitlement.
Also read: Can Canara Robeco attract long-term investors amidst market volatility?
Investors interested in increasing their shareholding through bonus allotments should act within today’s trading session.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)