Upcoming Bonus Shares 2021
Bonus Shares are shares issued by a company to its current shareholders as fully paid shares FREE of charge. A bonus issue is usually based upon the number of shares that shareholders already own.
View Upcoming Bonus Shares 2021 India
|COMPANY NAME||Bonus Ratio||Record Date||Ex-Date|
|Banka Bioloo Ltd||3:2||09-09-2020||08-09-2020|
Benefit of Bonus Share Issue to Shareholders :
Bonus Issue increases the number of outstanding shares & decreases the stock price, making the stock more affordable for retail investors. The retailer or small investors can easily afford to buy stocks of low price. So, There is also a probability that the stock price may go up as more investors may rush to buy stocks at lower rates.
When to buy a stock to get the Benefits of Bonus Issue?
All the shareholders holding a company’s shares on the record date are eligible to get bonus declared by the company. The ex-date is usually set one business day prior to the record date, since India follows a T+2 rolling settlement for delivery of shares.
Shares that are bought at least 1 day before the ex-date are the ones eligible for receiving the Bonus Shares announced by a company.