Instead of cash or dividend, listed companies with issued share capital deem it a good idea to issue additional shares of the company to its shareholders in proportion to their holding. These additional shares issued against the shares owned are referred to as bonus shares.
There is no net change in the face value, future dividend pay-out but for the company, its reserves get reduced.
Also, the share price of the company issuing bonus share gets adjusted and is computed as below-
The pre-bonus market price of share/post bonus number of shares Say if the stock price is Rs. 15 and bonus ratio is 2::1 then adjustment factor or post bonus number of shares be 3 here the post bonus share price will be Rs. 5.
Hence as the price as well as the issuance of the bonus shares who own the share or who wish to own a share in the lure of the bonus issuance may know that there are 4 stocks to likely issue bonus shares in November and December 2021.
|Stocks||Bonus Ratio||Announcement||Record Date||Ex-Date||Note|
|Indo US Bio-Tech||1:5||09-10-2021||30-11-2021||2021-11-29||0.8 Bonus issue in the ratio of 1:5 of Rs. 10|
|Apollo Pipes Ltd||2:1||22-10-2021||04-12-2021||2021-12-02||0.3 Bonus issue of equity shares in the ratio of 2:1 of Rs. 10/|
|Indian Energy Exchange Ltd||2:1||21-10-2021||06-12-2021||2021-12-03||0.3 Bonus issue in the ratio of 2:1 of Re. 1/|
|Panchsheel Organics Ltd||1:1||07/12/2021||2021-12-06||0.5 Bonus issue of equity shares in the ratio of 1:1 of Rs. 10/|