3 Stock Splits And 2 Bonus Shares To Watch Out For Next Week

Stock splits, bonus shares and likewise other corporate actions are announced and implemented to meet the listed companys short and long term objective. Say if a listed concern intends to increase its outstanding shares in the market then it moves the cash lying in the free reserves and surplus to the capital and from this addition in fresh capital, fresh equity shares are issued to eligible shareholders as per a specific ratio. This is indeed how bonus share issuance works.So, here are some stocks that shall turn ex-split and ex-bonus next week: This is a garments and apparels entity with a m-cap of Rs. 72.28 crore. Founded in 2005, the company formerly known as Junction Fabrics and Apparels Limited is engaged in the manufacturing of the latest fashion night wears under its exclusive Hylex, Monk and Helicon brands. The companys production units are in Nethaji Apparel Park,Tirupur.In respect of its stock split, the companys shares will be sub-divided from Rs. 10 per equity share of the company into the equity share of Rs. 1 each. The record date for the same has been fixed as Thursday, May 19, 2022, while the stock shall turn ex-date on May 18, 2022. This is another small cap company offering logistics solutions. The company is primarily engaged in handling of all cargo need of export and import by air and sea with focus on perishable and general cargo. In an exchange filing, the company said, the Members of the Company by postal ballot, through remote e-voting only, approved Sub-division of every 1 (one) Equity Share of the nominal/face value of Rs. 10/- each into 2 (two) Equity Shares ofthe nominal/face value of Rs. 5/- each. The company with its registered office in Mumbai is mainly into the business of trading of color coated coils and profile sheets. On April 8, the companys board recommended the proposal of sub-division of Companys 1 equity shares of face value of Rs.10/- each into 10 equity shares of face value of Rs 1 each. Later, on May 10 the company announced the record date for the split as May 23. The diversified commercial services firm is in the business of transportation, trading of oil & diesel, finance, civil construction and mining of coal. The Companys segments include Finance Operations, Oil and Lubricants, and Transportation.On April 8, the company announced and approved bonus share issuance and said as part of companys endeavours in increase shareholders wealth the Board has approved the issue of Bonus Equity Shares to the existing shareholders in the ratio of 2:1, i.e. 2 Bonus Equity Share of Rs. 1/- each for every 1 existing Paid Up Equity Share, held by the shareholders on a record date, subject to statutory and other required approvals.The companys 1-year return are mind-boggling of 1681%. The company is into the business of background screening and due diligence. The Company provides end-to-end screening services. Its focused areas include background check (BGC) corporate, BGC individual and Due Diligence. The company announced bonus shares issuance on April 4 of 110 shares for every 100 shares held by the companys shareholder as on the record date.StockStock Split/ Bonus ratioRecord dateEx-dateGarment Mantra LifestyleStock split from Rs. 10 to Rs. 105/19/2205/18/22Jet Freight LogisticsStock split from Rs. 10 to Rs. 505/20/2205/19/22La Tim MetalStock split from Rs. 10 to Rs. 105/23/2205/20/22Sindhu Trade LinksBonus shares 2:105/21/2205/19/22SecUR CredentiaBonus shares 110:10005/19/2205/18/22