Bonus Shares This Week NDR Auto Components VR Films Maan Aluminum Record Date And Other Details

By Sudhakar Yadav July 23, 2023 4:02 PM IST

The domestic stock market is continuously making new records these days. During the last 3 weeks, BSE Sensex and NSE Nifty have created new all-time high levels several times. During the last week, the Nifty came close to crossing the 20,000 mark for the first time. Although after that profit booking was seen at high level in the market on Friday, but still the market is at a high level.

Investors are getting opportunities fast

In this market rally, investors are getting ample opportunities to earn. Many stocks are continuously becoming multibaggers. Apart from this, the season of quarterly results of companies has started from last week, with which the process of dividend and bonus is getting faster. The week starting from Monday is no different.

More than 100 shares ex-dividend

More than 100 stocks are going to be ex-dividend during the week starting July 24. On the other hand, many shares are also getting X-bonus. According to the information available on the BSE website, this year around 35 companies have announced to give bonus shares to their shareholders. This week, the shares of 4 of those companies are going to be ex-bonus.

What is bonus share

Many companies provide additional shares without money in bonus as a reward to their existing shareholders. For example, if bonus shares are declared in the ratio of 1:1, then the existing shareholders will get one new share for every 1 old share held. For this, the date on the basis of which the beneficiary shareholders are elected is called the ex-bonus date.

NDR Auto Components

Shareholders of this company that manufactures auto parts are going to get one share for one share. This share is getting X-Bonus on the first day of the week i.e. 24th July, Monday.

VR Films

VR Films share is getting X-Bonus on 26th July. The board of this company has approved the proposal to issue bonus shares in the ratio of 7:1. Means the shareholders of VR Films are going to get 1 share in bonus for every 7 old shares held.

Maan Aluminum

Shares of Maan Aluminum are getting ex-bonus on 27th July. The board of this company has approved the proposal to issue bonus equity shares in the ratio of 1:1. This means that the existing shareholders are going to get 1 new free share for every 1 old share.

Remedium Lifecare

Remedy Lifecare’s share is getting ex-bonus on 29th July. Its board has approved the issue of bonus shares in the ratio of 9:5. This means that all the existing shareholders of the company are going to get 5 new shares for every 9 old shares held.

Disclaimer: The information provided here is for information only. It is important to mention here that investing in the market is subject to market risks. Always take expert advice before investing money as an investor. It is never advised here to invest money on behalf of

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