Upcoming Bonus, Stock Splits For May 2023: 6 Stocks Set For Bonus, Sub-Division Of Shares

4 companies announced bonus shares and stock splits recently and 2 are expected to announce today and tomorrow. 4 stocks offering bonus share and sub-division of shares will turn ex-bonus and ex-split in May month. Meanwhile, the remaining 2 stocks yet to fix the record date for the same. Check details below:

1. Blue Star Ltd: Blue Star Ltd is planning to consider its first ever bonus share issue in a meeting scheduled to take place on May 4, 2023 i.e. today. According to the regulatory filing, "Board Meeting scheduled to be held on Thursday, May 4, 2023, we hereby inform you that the Board of Directors in the said meeting would also consider the proposal for issuance of Bonus Shares to the shareholders of the Company."

Current market price of Blue Star is Rs 1438.15 per share on BSE. The stock gave 27% return in last 1-year and 72% return in last 2-years. It jumped 182% in last 3-years.

2. Ashirwad Capital: The company informed BSE that the Meeting of the Board of Directors will take place on May 05, 2023, to consider the proposal for declaration of Bonus lssue of Equity Shares. Current market price of Ashirwad Capital is Rs 6.19 per share with intraday gain of 2.65%. The stock gave 55% return in last 1-month and 182% return in last 3-months.

3. Sirca Paints India Ltd: The company announced bonus share in the ratio of 1:1 which implies that the company will issue one bonus share for one share held. The ex-bonus date is May 11, 2023.

Current market price of Sirca Paints India is Rs 609.50 per share with return of 4% in last 1-week.

4. Radhagobind Commercial Ltd: The company fixed June 8, 2023 as the revised record date for sub-division of shares. Current market price of the stock is Rs 27.00 per share on BSE. It offered 205% return in last 2-years.

The company in its regulatory filing stated, "Members of the Company hereby informed that the Company has fixed the Revised Record Date for Sub-division in face value of Equity Shares of Rs. 10/- to Re. 1/- each on 08th June, 2023."
Current market price is Rs 27.00 per share on BSE. It gave 205% return in last 2-years.

5. Visaka Industries: The company fixed May 15, 2023 as the record date for sub-division of every 1 (One) equity share of face value of Rs 10/- (Rupees Ten only) each into 5 (Five) equity shares of the face value of Rs 2/- (Rupees Two only) each."
Current market price of Visaka Industries is Rs 443.00 per share with intraday gain of 2.72%. The small cap stock gave 183% return in last 3-years.

6. Varanium Cloud Limited: The company fixed May 12, 2023 as the record date for the following:

1. sub-division of 1 (one) Equity share of face value of Rs. 10/- each fully paid-up to 2 (two) Equity Shares of face value of Rs. 5/- each fully paid-up, and
2. Issue of 1 (One) Bonus Shares for every 1 (One) Equity Shares held by the Equity Shareholders of the Company.

Current market price of Varanium Cloud is Rs 852.00 per share with intraday fall of 0.39%. The stock rallied 18% in last 1-month and 146% in last 6-months.

Disclaimer:The stocks announced or yet to announce bonus share and stock split. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.