The Freshtrop Fruits Bonus Issue Record Date has been fixed as Friday, January 04, 2008. Last month Freshtrop Fruits Bonus Issue announced that it would issue bonus shares to its equity shareholders in the ratio of 1 : 1 (1 bonus share for ever 1 share held). The shareholders of Freshtrop Fruits whose names appear on the register of Freshtrop Fruits as on the record date will be eligible for the bonus issue.
Ckoramaandel Cements Limited, previously known as Coromandel Cements Limited, has informed the stock exchanges that the board of Ckoramaandel Cements will meet on Friday, November 30, 2007 to consider an issue of bonus shares to the equity shareholders of Ckoramaandel Cements Limited. Ckoramaandel Cements Bonus Issue record date and the ratio of the bonus issue will be known after the board meeting is over. The same will be updated here.
Khaitan Weaving Mills has informed the stock exchanges that the board of Khaitan Weaving has fixed the record date for the rights issue. Khaitan Weaving Rights Issue Record Date has been fixed as December 14, 2007. Shareholders of Khaitan Weaving Mills Limited who hold the shares as on the record date will be eligible for the rights issue in the ratio of 6:1 (6 rights for every 1 share held).ÂÂ
The Record Date for the Cinevistaas Stock Split has not yet been announced. Based on the announcement made with the stock exchanges by the company, Cinevistaas Stock Split Record Date will be announced on Saturday, November 10, 2007. Last month Cinevistaas had informed the stock exchanges that the board of directors proposed to split the face value of the company’s shares from 1 share of Rs. 10 each to 5 shares of Rs. 2 each.
The record date for the DMC International Bonus Issue has been announced. The DMC International Bonus Issue Record Date has been fixed as 13 November, 2007. Sometime back the board of DMC International had recommended an issue of bonus shares to the shareholders of DMC International in the ratio of 1 : 1 (1 bonus share for every 1 existing share held)
The board of Maral Overseas Limited will meet on Thursday, October 30, 2007 to consider the ratio for the proposed rights issue. The board is also likely to fix the record date for the right issue in the same meeting. Apart from this the board of Maral Overseas Limited will approve the quarterly results of the company. More details about the Record Date and ratio of Maral Overseas Rights Issue will be updated here as soon as they are announced.
The record date for the JBM Auto bonus issue has been fixed. As per the announcements made with the stock exchanges, the JBM Auto bonus issue Record Date has been fixed as Thursday, 25 October 2007. The names of shareholders appearing in the company’s register of shareholders will get the bonus shares in the ratio of 1:2 (1 share for every 2 shares held).
Both the Rolta India Bonus Issue and the Axon Infotech Bonus Issue were approved today. The board of Rolta India has recomended a liberal bonus issue in the ratio of 1:1 (1 bonus share for every 1 share held). The record date for the Rolta India bonus issue has not yet been announced. Meanwhile, Axon Infotech has informed the stock exchanges that the shareholders of Axon Infotech have approved the issue of bonus shares in the previous AGM. Last month, the board of Axon Infotech had pleasantly suprised the shareholders by announcing a very liberal 3:1 bonus issue (3 bonus shares for every 1 share held).
The board of Rajesh Exports approved both the bonus issue and the rights issue. The board of Rajesh Exports today at the board meeting announced a very liberal bonus issue of ratio 2:1 (2 bonus shares for every 1 share held) and a 2 : 1 stock split, where the face value of the equity shares of Rajesh Exports will be split from 1 share of face value Rs. 2 each to 2 shares of face value Rs. 1 each. Both the Bonus Issue and Stock Split are subject to statuatory approval from the shareholders of Rajesh Exports in the ensuing AGM. The record date for the Rajesh Exports Bonus Issue and Stock Split is yet to be announced. Shares of Rajesh Exports zoomed as soon as the news about the bonus issue and stock split was out.
The Record Date for Parental Drugs Bonus Issue has been announced. The Parental Drugs Bonus Issue Record Date has been fixed as November 05, 2007. Earlier, the board of Parental Drugs Limited had approved the proposal to issue bonus shares to the shareholders of Parental Drugs Limited in the ratio of 1:1 (1 bonus share for every 1 existing share held).
Bampsl Securities has fixed the record date for the bonus issue. The Bampsl Securities bonus issue record date is November 05, 2007. The ratio of the Bampsl Securities bonus issue is 2:5 (2 bonus shares for every 5 shares held in Bampsl Securities). On the first week of July, the board of Bampsl Securities Limited had recommended a 2:5 issue of bonus shares and a 2:1 stock split.
The record date for the BL Kashyap and Sons stock split has been fixed. The B.L. Kashyap and Sons Stock Split Record Date is October 29, 2007. The face value of shares of BL Kashyap and Sons will be split from 1 share of face value Rs. 10 each to 5 shares of face value Rs. 2 each (5:1 stock split). The share prices of BL Kashyap and Sons zoomed up after the stock split record date announcement was made.
ICSA India has fixed the record date for the stock split. The ICSA India Stock Split Record Date has been fixed as Wednesday 10th October 2007 (today). On fixing the record date for the stock split, the shares of ICSA India moved up smartly by over 4%. The ratio of the ICSA India Stock Split had earlier been fixed as 5:1. It might take a few days for the stock split to reflect in the shares held in the demat accounts of investors.
Tata Steel today came out with details about its proposed rights issue. Tata Steel has come out with two different unlinked rights issues. One rights issue would be of equity shares and the other rights issue would be of 2% Cumulative Convertible Preference Shares (CCPS). Under the firs rights issue option equity shareholders of Tata Steel will get one rights for every 5 shares held. Tata Steel has priced the rights issue under this option at Rs. 300 per share. The second Tata Steel rights issue option is more complex. Here the ratio of the rights issue to the existing shareholders is 9:10 (9 rights for every 10 shares of Tata Steel held by existing shareholders of tata steel). The face value of CCPS is Rs. 100 and this will be automatically and compulsorily converted into equity shares of Tata Steel of face value Rs. 10 each. The record date for both the Tata Steel Rights Issue has been fixed as November 05, 2007.
Shilpa Medicare has fixed the record date for the stock split. The record date for the Shilpa Medicare stock split is today 08 October, 2007. The ratio of the Shilpa Medicare stock split is 5:1 which means 1 share of face value Rs. 10 each will be split into 5 shares of face value Rs. 2 each. The stock split will increase the liquidity in the Shilpa Medicare counter.