3 Bonus Issue & 3 Stock Split To Watch In May
Keeping a watch on corporate actions will provide you with a clear view of the equity you hold during stock market volatility, geopolitical and domestic tensions, high inflation, and increasing interest rates.From May till now, there have been three bonus issues and three stock splits to keep an eye on.So, as a major responsibility for retail investors, we’ve compiled a list of the bonus issues and stock splits that are going to occur in May so far.
Vikram Thermo (India) Limited The Board of Directors has said in an exchange filing that “Company has fixed 13th May, 2022, as the ‘Record Date’, for the purpose of ascertaining the eligibility of shareholders entitled for issuance of Bonus Equity Shares of the Company in the proportion of 4 (four) Equity Shares of Rs.10/each for every 1 (one) existing Equity Share of Rs.10/- each, subject to the approval of shareholders which is being obtained through Postal Ballot.”The stock will go ex-bonus on May 12, 2022, and it is currently trading at Rs 287.10, up +2.95 (1.04 per cent) from its previous closing of Rs 284.15. BLS International Services Limited The company’s Board of Directors has recommended issuing a bonus issue of equity shares in the proportion of 1:1.The record date for the same has been set for 17-05-2022, and the stock will turn ex-bonus on 13-05-2022, according to MoneyControl.On May 7, 2022, the directors also recommended a final dividend of 25% of face value, i.e.Rs.0.25/- each equity share with a face value of Rs.1/-, subject to approval by the members at the Company’s next annual general meeting.The stock is currently trading at a market price of Rs 342.30, down from the previous closing of Rs 346.85 by -4.55 (1.31 per cent).Dolfin Rubbers Ltd The company has informed BSE by saying that “Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in furtherance of the Shareholder resolution passed through Postal Ballot e-voting on 28th April, 2022, we would like to inform you that the Company has fixed Tuesday, May 17, 2022 as the “Record Date” for the purpose of ascertaining the eligibility of shareholders entitled for issuance of Bonus Equity Shares of the Company in the proportion of l (One) Equity Shares of Rs.10/- each for every 3 (Three) existing Equity Share of Rs.10/- each.”The stock will go ex-dividend on May 13, 2022, and it is now trading at Rs 118.00 in the market.Black Box Ltd The company has said in a stock exchange filing that “Pursuant to Reg.42 of the Listing Regulations and relevant provisions of the Companies Act, 2013 and Rules made thereunder, the Company has fixed Tuesday, May 17, 2022 as the ‘Record Date’ for the purpose of determining the eligibility of Shareholders for the purpose of sub‐division /split of each equity share having face value of Rs.10/‐ (Rupees Ten only) each, fully paid‐up into five (5) equity shares having face value of Rs.2/‐ (Rupees Two only) each fully paid‐up.”The stock is currently trading at Rs 760.10, down -18.75 (2.41 per cent) from its previous closing of Rs 778.85.Evexia Lifecare Ltd According to MoneyControl, the Board of Directors of Evexia Lifecare Ltd considered and scheduled the record date as Wednesday, 24th May 2022 for the sub-division of the equity share of face value of Rs.2/- each into 2 shares of face value of Rs.1/- at its meeting held on Friday, 29th April 2022.The stock is currently trading at Rs 5.27, down -0.15 (-2.77 per cent) from its previous close of Rs 5.42.Gujchem Distillers India Ltd The company’s Board of Directors met on May 2, 2022, and informed BSE that they have “Considered and fixed the record date as Friday, May 27, 2022 for determining the eligibility of Shareholders, with regard to the Sub-Division of the one(1) Equity share of face value of Rs.10/- (Rupees Ten only) each into Ten (10) equity shares of face value of Re.1/- (Rupee One Only) each in terms of Regulation 42(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) and as approved by the Shareholders through postal ballot.”The stock is currently trading at Rs 576.05 up by +27.40 (4.99%) from the previous close of Rs 548.65.The stock has delivered a multibagger return of 594.04 per cent over the last year, and a year-to-date (YTD) return of 290.01 per cent.
In the previous six months, the stock has returned 262.30 per cent, and in the last five trading days, it has climbed by 21.79 per cent
The Board of Directors has said in an exchange filing that “Company has fixed 13th May, 2022, as the ‘Record Date’, for the purpose of ascertaining the eligibility of shareholders entitled for issuance of Bonus Equity Shares of the Company in the proportion of 4 (four) Equity Shares of Rs.10/each for every 1 (one) existing Equity Share of Rs.10/- each, subject to the approval of shareholders which is being obtained through Postal Ballot.”
The stock will go ex-bonus on May 12, 2022, and it is currently trading at Rs 287.10, up +2.95 (1.04 per cent) from its previous closing of Rs 284.15.
The company’s Board of Directors has recommended issuing a bonus issue of equity shares in the proportion of 1:1.The record date for the same has been set for 17-05-2022, and the stock will turn ex-bonus on 13-05-2022, according to MoneyControl.On May 7, 2022, the directors also recommended a final dividend of 25% of face value, i.e.Rs.0.25/- each equity share with a face value of Rs.1/-, subject to approval by the members at the Company’s next annual general meeting.
The stock is currently trading at a market price of Rs 342.30, down from the previous closing of Rs 346.85 by -4.55 (1.31 per cent).
The company has informed BSE by saying that “Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in furtherance of the Shareholder resolution passed through Postal Ballot e-voting on 28th April, 2022, we would like to inform you that the Company has fixed Tuesday, May 17, 2022 as the “Record Date” for the purpose of ascertaining the eligibility of shareholders entitled for issuance of Bonus Equity Shares of the Company in the proportion of l (One) Equity Shares of Rs.10/- each for every 3 (Three) existing Equity Share of Rs.10/- each.”
The stock will go ex-dividend on May 13, 2022, and it is now trading at Rs 118.00 in the market.
The company has said in a stock exchange filing that “Pursuant to Reg.42 of the Listing Regulations and relevant provisions of the Companies Act, 2013 and Rules made thereunder, the Company has fixed Tuesday, May 17, 2022 as the ‘Record Date’ for the purpose of determining the eligibility of Shareholders for the purpose of sub‐division /split of each equity share having face value of Rs.10/‐ (Rupees Ten only) each, fully paid‐up into five (5) equity shares having face value of Rs.2/‐ (Rupees Two only) each fully paid‐up.”
The stock is currently trading at Rs 760.10, down -18.75 (2.41 per cent) from its previous closing of Rs 778.85.
According to MoneyControl, the Board of Directors of Evexia Lifecare Ltd considered and scheduled the record date as Wednesday, 24th May 2022 for the sub-division of the equity share of face value of Rs.2/- each into 2 shares of face value of Rs.1/- at its meeting held on Friday, 29th April 2022.
The stock is currently trading at Rs 5.27, down -0.15 (-2.77 per cent) from its previous close of Rs 5.42.
The company’s Board of Directors met on May 2, 2022, and informed BSE that they have “Considered and fixed the record date as Friday, May 27, 2022 for determining the eligibility of Shareholders, with regard to the Sub-Division of the one(1) Equity share of face value of Rs.10/- (Rupees Ten only) each into Ten (10) equity shares of face value of Re.1/- (Rupee One Only) each in terms of Regulation 42(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) and as approved by the Shareholders through postal ballot.”
The stock is currently trading at Rs 576.05 up by +27.40 (4.99%) from the previous close of Rs 548.65.The stock has delivered a multibagger return of 594.04 per cent over the last year, and a year-to-date (YTD) return of 290.01 per cent.In the previous six months, the stock has returned 262.30 per cent, and in the last five trading days, it has climbed by 21.79 per cent.