4 Small Cap Companies That Will Issue Bonus Share, Carry Out Stock Split In April

4 Stocks are set to issue bonus share and carry out stock spilt in April. These stocks are Jet Infraventure, IFL Enterprises, Deep Industries, and Shree Securities. All these are small cap companies. Check details below:

1. Jet Infraventure: The board of directors of Jet Infraventure announced bonus share in the ratio of 1:1. According to the BSE filing of the company, "The Company has fixed Friday, 21st April, 2023 (instead of 14th April, 2023) as the Record Date, for the purpose of ascertaining the eligibility of shareholders entitled for issuance of Bonus Equity Shares in the proportion of 1 (One) Equity Shares of Rs. 10/- each for every 1 (One) existing Equity Shares of Rs. 10/- each, subject to the approval of Members."

Last trading price of the stock is Rs 28.67 apiece with intraday gain of 4.98% on BSE. It touched upper circuit in trade today. It declined 52% in last 1-year. In last 1-week, it rallied 21%. The small cap company's 52-week high is Rs 90.00 apiece and 52-week low is Rs 22.21 apiece, respectively.

2. IFL Enterprises: Last trading price of IFL Enterprises is Rs 161.25 apiece with intraday jump of 4.98%. The board fixed April 21, 2023 as the record date for 1:4 bonus share and sub-division of shares. The stock gave return of 770% return in last 1-year, 1435% return in last 2-years, and 3125% return in last 3-years. Its 52-week high price is Rs 187.20 apiece and 52-week low price is Rs 17.65 apiece, respectively. Its market cap is Rs 293.35 crore.

According to the regulatory filing of the company, "The Company has fixed, Friday, 21st April 2023 as the "Record Date", for the purpose of Sub-division of Equity Shares (all the Authorized, Issued, Subscribed and Paid-up Equity Shares of nominal value of Rs. 10/- (Rupees Ten Only) each shall stand sub-divided into 10 (Ten) Equity Shares of nominal value of Re. 1/-(One Rupee) each fully paid-up) and ascertaining the eligibility of shareholders entitled for issuance of Bonus Equity Shares of the Company in the proportion of 01 (One) Equity Shares of Re. 1/- each for every 04 (Four) existing Equity Share of Re. 1/- each, subject to the approval of Members which is being obtained by way of Postal Ballot through remote e-voting."

3. Deep Industries: The last trading price of the stock is Rs 267.40 apiece with 52-week high price at Rs 322.50 and 52-week low price at Rs 177.10 apiece. Its market cap is Rs 855.68 crore. The small cap company fixed April 10, 2023 as the record date for sub-division of equity shares.

According to the BSE filing of the company, "It is hereby informed that, the Board of Directors of the Company has passed the necessary Resolution through Circular Resolution Today ie on March 21, 2023 and has fixed the "Record date" on Monday, April 10, 2023 for the purpose of Sub-Division of every 1 (One) Equity Shares of the Nominal/ Face Value of Rs.10/ - (Rupees Ten Only) each into 2 (Two) Equity Shares of the Nominal I Face Value of Rs.5 /- (Rupees Five Only) each."

4. Shree Securities: Last trading price of the stock is Rs 7.89 apiece with intraday fall of 4.94%. It hit lower circuit intraday and traded its new 52-week low as well. The stock's 52-week high is Rs 34.05 apiece and 52-week low price is Rs 7.89 apiece. It declined 46% in last 1-year.

The company fixed April 6, 2023 as record date for sub-division of share. According to the regulatory filing, "In continuation to our intimation intimation dated 13th March, 2023 and in compliance with Regulation 42 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015 and pursuant Section 91 of the Companies Act, 2013, Members of the Company hereby informed that the Company has fixed Record Date for Sub-division in face value of Equity Shares of Rs. 10/- to Re. 1/- each."

Disclaimer:The stocks will issue bonus share and conduct stock split in April. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.