Gujarat NRE Bonus Issue news hit the market during trading hours today. Even the news of the bonus issue could not help prevent the fall in the share prices of Gujarat NRE. Apart from the bonus issue, Gujarat NRE has also announced a rights issue to the equity shareholders of the company. Gujarat NRE Bonus Issue record date has not yet been announced. The same along with the record date for the rights issue will be updated here as soon as the same has been announced by the company.
Valecha Engineering Bonus Issue is in the offing. Valecha Engineering, in an announcement made with teh stock exchanges today said that the board of directors of the company will meet on 30 July, 2008 to consider an issue of bonus shares to the shareholders of the company. More details on Valecha Engineering Bonus Issue including the ratio of the bonus issue and the record date of the bonus issue will be updated here as soon as they have been officially announced by the company.
Bank of Rajasthan has announced an issue of bonus shares to the shareholders of the bank in the ratio of 1:4 which means shareholders will get 1 bonus share for every 4 shares that they hold in the company as on the record date for the bonus issue. The Bank of Rajasthan Bonus Issue record date has not yet been announced. The same will be updated here as soon as it has been announced.
Much to the delight of its shareholders, JM Financial has informed the stock exchanges that the board has approved the bonus issue as well as the stock split. The ratio of JM Financial Bonus Issue has been fixed as 3:2, which is very liberal. This means investors will get 3 bonus shares for every 2 shares that they hold as on the record date for the bonus issue. The stock split ratio has been fixed as 10:1 which means shareholders will get 10 shares of face value Rs. 1 each in lieu of every 1 share of face value Rs. 10 each that they hold as on the record date for the stock split. The record date for the bonus issue as well as the JM Financial stock split will be announced in the coming few weeks and will be updated over here.
Larsen & toubro Bonus Issue news was the reason for the stock beating the broader market by a huge margin. The share prices of L&T were up by about 6% when the broader market closed deep in the red. The bonus shares will be issued in the ratio of 1 : 1 (1 bonus share for every 1 share held). The record date for L&T Bonus Issue is likely to be announced sometime in June. L&T being my favourite scrip, I’ll closely monitor this counter and keep you guys posted on the updates relating to the issue of bonus shares to the shareholders.
Opto Circuits Bonus Issue has been recommended by the board of directors of Opto Circuits India Limited in the board meeting that was held earlier today. Certainly, bonus issue seems to be the in-thing these days. Almost every other day, one company or the other seems to be declaring a bonus issue to arrest the huge fall in the share prices of the respective company’s shares, due to the negative market sentiments. Record date for the receipt of Opto Circuits Bonus shares will be announced in the next few weeks.
Sundaram Finance Bonus Issue news was responsible for the stock gaining over 6.50% in today’s market. As per the announcement made by the company, the board of Sundaram Finance has recomended a liberal 1:1 bonus issue today, during the market trading hours. Sundaram Finance Bonus Issue record date will be announced in the coming few weeks and will be updated here. Looks like the shares of Sundaram Finance are likely to move up further, ahead of the record date for the bonus shares allotment.
Bank of Rajasthan has informed the stock exchanges that the board of the Bank of Rajasthan will meet on 31 May 2008 to consider a proposal to issue bonus shares to the shareholders of the bank. The record date for the bonus issue and the ratio of the Bank of Rajasthan bonus issue will only be known after the outcome of the scheduled board meeting is made public by the company on May 31. The same will be informed to investors, in this space. The stock market greeted this announcement and the shares of Bank of Rajasthan were up by about 6% after the bonus issue announcement was made.
Kaashyap Technologies has informed the stock exchanges that the board of directors of the comapany have approved the bonus issue. The ratio of the bonus issue is 1:6 which means 1 bonus share will be held for every 6 shares held by the shareholders of the company as on the record date for the bonus issue. More details on the Kaashyap Tech Bonus Issue including the record date will be updated here soon. The news of the bonus issue ratio did not go well with the investors who were expecting a much liberal ratio. The shares of the company ended the day marginally in the red.
Kamanwala Housing Construction Limited has informed the stock exchanges that the board of directors of the company have recommended an issue of bonus shares along with a 20% dividend. The bonus issue ratio is not yet known. More details on the Kamanwala Bonus Issue should be available soon and the same will be updated here as soon as the company provides more details. The shares of Kamanwala Housing Construction Limited shot up as soon as the news of bonus shares hit the market.
Housing Development and Infrastructure Limited has declared a bonus issue and a liberal dividend of Rs. 3 per share for its shareholders. The HDIL bonus issue ratio has been fixed by the board of the company as 2:7. This means as on the record date investors of HDIL who’s names appear in the shareholders register of the company as on the record date will be eligible for this issue of bonus shares. The record date for the bonus issue has not yet been announced and the same will be updated here as soon as it has been announced by the company.
The board of Shipping Corporation of India has approved the issue of bonus shares to the shareholders of the company in the ratio 1:2, wherin shareholders holding shares as on the record date for the bonus issue, will get 1 bonus share for every 2 existing shares that they hold in SCI. The shares of Shipping Corporation of India were up smartly as soon as the news of the approval of the bonus issue hit the street. More details on SCI bonus shares will be updated soon.
Container Corporation Bonus Issue has been recommended by the company in yesterday’s meeting of board of directors of the company. The CONCOR Bonus Issue is subject to the approval of the shareholders in the forthcoming AGM. Container Corporation Bonus Issue ratio has been recomended to be 1:1, which means shareholders of Container Corporation Limited who’s names appear in the shareholders register of CONCOR as on the record date of the bonus issue, will get 1 bonus share for every 1 share that they hold in concor. Container Corporation Bonus issue record date is yet to be announced. The record date for the bonus issue will be updated here as soon as it is announced by the company.
Asiana Housing Bonus Issue Record Date has been fixed. Earlier today, Asiana Housing Limited informed the stock exchanges that the board of directors of Asiana Housing have fixed the Record Date for the Bonus Issue as Friday, February 22, 2008. Shareholders of Asiana Housing who’s names appear in the shareholders register of Asiana Housing on the record date for the bonus issue, will be eligible for the issue of bonus shares.
Swasti Vinayaka Finvest Bonus Issue proposal will be discussed in the forthcoming board meeting of Swasti Vinayaka Finvest Limited which is scheduled to be held on January 21, 2008. Swasti Vinayaka Finvest Bonus Issue Record date and Swasti Vinayaka Finvest Bonus Issue ratio will be announced after the AGM is over. Due to the bonus issue proposal, the shares of Swasti Vinayaka Finvest hit the upper circuit today. More details about the Swasti Vinayaka Bonus Issue will be posted here soon.