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4 Companies To Issue Bonus Shares In February 2022
Bonus other than giving you more shares against your shares will also reduce per share ratios for instance EPS as well as book value per share. So, as these corporate actions are announced from time to time depend on the company's needs:
So, here are the stocks that are slated to announce bonus shares or will add you holding in these stocks because of the bonus share issuance.
1. MK Exim India:
The textile processing company is a growth oriented company with facilities across fabric, ready made garments, jewellery ec. Other than that the company is into the business of Jewellery, Blankets & Sleeping Mats, Finish Fabric and Dress Material.
The company on December 21, 2022 announced an issue of bonus shares in the ratio of 2:1, meaning shareholders with 2 shares in the company will be given additional 1 share at no further cost. The ex-date for the bonus shares is February 8, while the record date is February 9, 2022.
2. Ideal Texbuild:
Ideal is a BSE listed penny scrip quoting at a price of just Rs. 7.17 per share. The company on January 3, 2022 announced issuance of bonus shares in the ratio of 1:10 i.e. for every 1 share held, the shareholder shall be entitled to get 10 additional shares, increasing his or her shareholding in the firm.
The company based out of Gujarat and is engaged in the main business of textiles and building construction
Ex-date for the said bonus is February 10, while the record date is February 11, 2022.
Other companies that have gone ex-dividend on February 3, 2022
| Stock | Bonus ratio | Ex-bonus | Record date |
|---|---|---|---|
| Parshva Enterprises | 205:100 | 03/02/2022 | 04/02/2022 |
| Sword Edge Commercials | 1:1 | 03/02/2022 | 04/02/2022 |
Disclaimer:
The stocks are listed above just for information sake. Investors should not deem bonus share issuance as the only criteria for buying shares. The market momentum, company fundamentals, management standing, valuations play a vital role in determining the company's long term future performance.
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