5 Companies To Issue Bonus Shares Soon In March 2022

Deep Polymers Limited:

The small cap company on January 15, 2022 from the chemicals space announced bonus share issuance. The company in its board meet recommended the issue of Equity Shares in the ratio of 3 fully paid-up Equity Share of Rs. 10 each for every 4 (Four)fully paid-up Equity Shares of Rs. 10 each held by the shareholders of the Company as on the record date, subject to the approval of Shareholders.

The ex-date for the said bonus is March 8, 2022, while the company has fixed Wednesday, March 09, 2022 as the "Record Date" to determine the eligible shareholders entitled to receive the Bonus Shares in the Ratio of 3:4.

Deep Polymers is engaged in manufacturing of all type of filler masterbatches including filler masterbatches and additive filler masterbatches since 2004. Today the company has product an filler compound masterbatches capacity 25000 MT / Annum. The scrip's 1-year return stands at 716%, while its last traded price is Rs. 538.4 per share.

BCL Enterprise:

This small cap company from the housing-finance space announced issuance of bonus shares on 2nd February, 2022. The Company was incorporated with name "Balaji Commercial Limited" and the Certificate of Incorporation was granted on 22nd July, 1985 vide registration No. 21467. The main business of the Company is to carry on the business of financiers (not amounting to banking business) by way of lending and advancing money to industrial, commercials and other enterprises.

The company's stock was locked in 5% upper circuit today and traded at a price of Rs. 52.4 per share on the BSE. This is another multibagger stock with 1-year return at 356%.

Vishal Fabrics:

The textile spinning firm on 27th January 2022 announced 2:1 bonus share issuance. The record date determined is March 11, 2022 for the purpose of ascertaining the eligibility of shareholders entitled for issuance of Bonus Equity Shares of the Company in the proportion of 2 (Two) Equity Shares ofRs. 5/- each for every 1 (One) existing Equity Share of Rs. 5/- each, subject to the approval of shareholders which is being obtained through Postal Ballot (including e-voting).

Gujarat based company is a reputed entity engaged in dyeing, printing, and processing denim, and other wide range of fabrics.

Brightcom Group:

The computers sector company in January announced bonus share issuance in the ratio of 2:3. The record date for determining shareholders eligibility is March 16, 2022. In the meantime, SEBI has ordered forensic audit into the company's books.

Easytrip Planners:

The travel services firm fixed March 2, 2022 as the record date and will be issuing bonus shares in the proportion of one share of Rs. 2 each for every share of Rs. 2 each.

Easytrip offers travel agents access to its website for booking domestic travel air tickets for catering to the offline travel market.

How are bonus shares credited to eligible shareholders account?

These shares are credited by the company within one month from the record date to the demat account of the eligible shareholders.