Bonus Share 2022: A long-term stock market investor doesn’t just earn from the appreciation in the share price of their portfolio shares. In fact, they earn through various other means like dividend, bonus shares, buyback of shares, rights issue etc. For such long-term investors, there is one piece of stock market news that can catch their attention. Shares of UH Zaveri, Regency Fincorp and Atom Valves are going to trade ex-bonus next week.
Here we list the full details regarding these bonus shares next week:
1]Uh Zaveri: The board of directors of the small-cap stock has fixed October 19, 2022 as the record date for issue of bonus shares. These bonus shares will be issued on ex-base and the stock will trade ex-bonus on 19 October 2022. This means that TH stock will trade ex-bonus on its record date. The company has already declared bonus shares in the ratio of 2:3, which means two bonus shares for every three shares held by the shareholders for bonus shares on the record date.
The company has already informed the stock market exchanges regarding the bonus share record date, “We would like to inform you that the company has declared Wednesday, October 19, 2022 as the ‘record date’ for determining the eligibility of members. Bonus issue of Equity Shares of the Company at face value of Rs.10/- is subject to original letter of approval from BSE Limited.
2]Regency Fincorp: BSE listed micro-cap stock has announced the record date of bonus shares as 21st October 2022. As per the information available on the BSE website, the stock will trade ex-bonus on Friday, October 21, next week. The Board of the Company has already declared Bonus Shares in the ratio of 1:1, which means that one Bonus Share will be issued for every share held on the record date of Bonus Shares.
While informing the exchanges about the record date for bonus shares, the small-cap company said, “We hereby inform that the Board of Directors in its meeting held today, i.e. Monday, 10 October 2022, Friday, 21 October , 2022 as on record date for the purpose of ascertaining the eligibility of members for allotment of bonus shares in the ratio of 1:1 i.e. one (1) bonus equity share of Rs.10/- each Fully Paid-up (1) Existing Equity Shares of Rs.10/- each held.
3]Atm Valve: The small-cap company recently revised its record date for issue of bonus shares. The company has now fixed the record date for bonus shares as 24 October 2022 on ex-date basis. This means that the small-cap stock will trade ex-bonus on Friday 21 October 2022 i.e. next week. The company has already declared bonus shares in the ratio of 1:1.
Informing about the revision in the record date for issue of bonus shares, Atom Valves Limited said, “It is informed to you that the Company has changed the record date to Monday, October 24, 2022 for the purpose of ascertaining that (i.e. Rs.10/- each for each existing 1 (one) equity share as above) to the eligible shareholders to issue fully paid-up bonus shares in the ratio of 1:1. 1 (a) issuance of equity shares.-mentioned record date). Accordingly, the revised record date is Monday, October 24, 2022, in compliance with Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) 2015.”
Out of these three stocks to trade ex-bonus next week, two are multibagger stocks and those two multibagger stocks are UH Zaveri and Atom Valves. In Friday’s session, these three bonus stocks are in upper circuit.
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