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29 May 07 Unitech to issue bonus shares

Leading real estate company Unitech has informed the stock exchanges that the board of Unitech has recommended a bonus issue of shares (also known as stock dividend) in the ratio of 1 : 1 (1 bonus share for every 1 share held). The board of Unitech has also recommended an equity dividend of 50 paise per share. The board of Unitech has decided to increase the authorised share capital to Rs. 500 crore to accommodate the increase in paid up capital of Unitech after the bonus issue.


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Reader's Comments

  1. |

    Sir,
    I am a small investor & have 25 unitech @613 should i sell it or hold it till bonus record date?

  2. |

    @Pankaj – You should def hold it atleast till DLF lists on the stock markets.

  3. |

    I would like to know the record date for the Bonus issue announced in May 2007

  4. |

    Hi,
    I have bought 25 Unitech shares @ 561 on 21-May-07. I would like to know:
    1. Has Unitech announced the record date for Bonus?
    2. Since the time DLF IPO has opened, the Unitech share price has been going down. I am just curious to know what are the near-term expectations if any, for the price. I am expecting an increase in share price around the time DLF gets listed. Is this correct?
    Thank you in advance.

  5. |

    Till today bonus date is not announced ,will announced shorthly …
    As the landbanks and developing area of both unitech & dlf is same ..
    U can expect upward movement in unitech if dlf list with premium
    on comparison with dlf on upper price band of 525 unitech looks cheaper even on price of 625
    coz face value of unitech is 10 rs n dlf is 2 rs
    so hold for target of minimum 700 +
    dont panic

  6. |

    hi,
    unitech @510.

  7. |

    Hi,
    Jus two ques plzz:

    If record date is 10th july, when should i purchase the shares to b eligible for bonus share.?

    if i sell the share on record date will i be getting bonus share?

    Thanks,
    Rakesh

  8. |

    @Rakesh – You need to buy shares before the ex bonus date to be eligible for the bonus issue. Ex bonus date usually falls 1 or 2 days before the record date.

  9. |

    what is the last Date of recording bonus hares of ?Unitech

  10. |

    Unitech Ltd has informed the Exchange that August 31, 2007 has been fixed as record date for entitlement to Bonus Shares in the ratio of 1:1.

  11. |

    Hi,
    I have one query on Unitech Bonus issue. I have 40 Unitech shares On NSE. Whether am i eligible for bonus issue. WHy because some of my friends are saying that persons who have shares on BSE only will get bonus shares.Is it true? Plz let me know the answer for my query.

    Thanks in advance

  12. |

    @Srinivas – Thanks for the information
    @Anil – That is not true. No matter what exchange you buy, you will get the bonus issue. So you will get the bonus shares if you had the shares of Uniteh on the record date for the bonus issue.

  13. |

    sir,
    i am having 150 shares of unitech from 3 june..m i eligible 4 bonus ????
    secondly i want 2 ask dat how many days before of record date we are eligible 4 dat ,,,means jst like d record date is 31 august now and if i buy shares now den also i vil b eligible 4 dat or not?
    further more if it is going 2 split also ?/

  14. |

    sir,
    i am having 150 shares of unitech from 3 june..m i eligible 4 bonus ????
    secondly i want 2 ask dat how many days before of record date we are eligible 4 dat ,,,means jst like d record date is 31 august now and if i buy shares now den also i vil b eligible 4 dat or not?
    further more if it is going 2 split also ?/

  15. |

    Sure you are eligible for Bonus, now also if you buy, you will be eligible for bonus, the record date is on 31st of this month, which means the shares should be transferred to your till the 31st of this month.

    Best Regards

    Raju

  16. |

    hi bullish, u ve not updated the bonus issue of unitech! please let us know when the splitted share will be credited to our account as it is already trading half the value.

  17. |

    @ alam – Hi, It might take upto 30 days for the shares arising out of the bonus issue to reflec in your demat account

  18. |

    bullish,
    as i have brought some unitech shares before record which value have slashed to half. if i sold them now, will i be eligible to get the bonus shares.
    also please let me know what is the benifit of this bonus since its price fell 50%.
    thanx

  19. |

    i too have the same question..
    my share amount has gone half after the bonus..
    and i have sold them …
    will i get my bonus shares??
    i had 100 unitec @ 500 and i have sold 100 @ 260
    will balance shares come to my demat account????

  20. |

    Even I too have the same question..
    my share amount has gone half after the bonus..
    and i am still holding them.
    Will i get my bonus shares?? if yes then when..? How long it takes to come in demat A/c.
    Please advise.

  21. |

    I am a small investor. The current price of Unitec is 315.xx Wanted to know the prospect of Unitec in the middle & long term.
    What value it is expected to touch by December 07 ?

  22. |

    NOW WHERE UNITECH STANDS FOR SMALL INVESTORS

  23. |

    pls advise me if i can buy unitech shares at this point in time….

  24. |

    hello sir i have unitech 200 share rate is 55
    plz tell me i want hold it for 1 year i.e right &what price will after 1 year.



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