1:5 Stock Split & 1:2 Bonus Issue: Infra Penny Stock Turned Ex-Bonus, Ex-Split; New Price, Calculate Returns

Maruti Infrastructure, a penny stock, has turned ex-split and ex-bonus on August 9. The company is delivering double rewards for investors in the form of bonus issue of 1:2 ratio and stock split in the ratio of 1:5.

Bonus shares are one of the many corporate actions that listed companies announce on several occasions. Bonus shares are like incentives which are free of cost given to investors. Under this corporate action, new shares are issued at the existing Face Value of equity shares of the company. Hence, the face value remains the same post-bonus issue.

Meanwhile, Share splits mean that listed companies can split their existing shares into a ratio decided by them for a host of reasons. These could be done to improve liquidity, lessen the value of the stock, make it cheaper or simply attract new buying from both existing and new investors.

Maruti Infrastructure Ltd. is a BSE-listed company that has always been working on the ethics principle. Creating the best output out of the minimum possible resources that are available.

Maruti Infrastructure Limited is a leading Infrastructure and Construction of EWS Housing Projects and Urban Infra Projects company in Ahmedabad and the surrounding founded in December 1994 and specialises in offering professional construction of management property services in both residential and commercial. With many years of offering good services in the industry, the company is dedicated to a competent workforce and a large clientele base for construction and Infrastructure for both in commercial and residential sectors. At present Company has 12,72,790.00 sq feet of work on hand amounting to around 207.25 crores which is going to be completed in the next two years.