Bonus issue alert: Last day to buy shares of these 7 companies ahead of record date – News Air Insight

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Investors aiming to benefit from upcoming corporate actions should note that today is the last trading day to buy shares of eight companies to qualify for their bonus share entitlements. These stocks will trade ex-bonus from Friday, October 10, so purchases must be made today to receive the bonus shares.

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)

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