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  1. Bonus shares In December: These stocks to turn ex-bonus, check record date and other key details

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Bonus shares In December: These stocks to turn ex-bonus, check record date and other key details

Upstox

4 min read | Updated on December 09, 2024, 15:43 IST

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SUMMARY

Achyut Healthcare Ltd, a pharmaceutical trading company, will turn ex-bonus on BSE on Tuesday, December 10. The company has announced a bonus issue of 4:10, which means the issue of four new shares for every 10 shares held by shareholders. It has also announced a stock split of its one share of ₹10 into 10 shares of ₹1 each.

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Bonus Shares In December: These stocks to turn ex-bonus, check record date and other key details

Jewellery designer and retailer Sky Gold Ltd and three other companies, including Achyut Healthcare Ltd, are turning ex-bonus this month.

Rajeshwari Cans Ltd and Bharat Seats Ltd, are also turning ex-bonus this month.

Here are the details about bonus issues and the record dates for these companies.

Sky Gold Ltd (9:1)

Gold jewellery manufacturer and marketer Sky Gold is turning ex-bonus on December 16, 2024. The company’s board on October 26 approved a bonus issue of 9:1, which means the issue of nine new shares for every one share held by shareholders as of the record date.

The board later fixed the record date for the bonus issue as December 16, 2024.

Mumbai-based Sky Gold, listed on both NSE and BSE, is engaged in the business of designing, manufacturing and marketing of gold jewellery.

The company reported a 94.2% year-on-year rise in consolidated revenue from operations to ₹768.8 crore in the July-September quarter. Its EBITDA grew by 154.3% Y-o-Y to ₹38.8 crore. Its Profit After Tax (PAT) grew by 405.2% to ₹36.7 crore over the year-ago period.

Shares of Sky Gold Ltd were trading flat at ₹4,128 apiece on the NSE at 11:07 am.

Bharat Seats Ltd (1:1)

Auto parts maker Bharat Seats Ltd will turn ex-bonus on December 20, 2024.

Its board has approved a bonus issue of 1:1 which means the issue of one new share for every one held by shareholders as of the record date.

On November 5 announced that its board approved a bonus issue of 1:1.

Bharat Seats Ltd reported revenue of ₹290.67 crore for the July-September quarter of FY25 against ₹285.97 crore in the year-ago period.

Its net profit stood at ₹7.06 crore for the second quarter of FY25 compared to ₹6.83 crore in the year-ago period.

Bharat Seats Ltd manufactures seating systems, body sealing parts and NVH components for four wheelers.

Shares of Bharat Seats Ltd were trading 2.9% higher at ₹222.45 apiece on the BSE at 11:17 am.

Achyut Healthcare Ltd (4:10)

Achyut Healthcare Ltd, a pharmaceutical trading company, will turn ex-bonus on BSE on Tuesday, December 10. The company, announced a bonus issue of 4:10, which means the issue of four new shares for every 10 shares held by shareholders.

The company has also announced a stock split of its one share of ₹ 10 into 10 shares of ₹1 each.

The company’s board has fixed the record date for both stock and the bonus issue as December 10, 2024.

The company reported revenue of ₹2.12 crore for the April-September period of FY25 against ₹1.48 crore in the year-ago period.

Its net profit rose to ₹35.27 lakh in the April-September period from ₹26.08 lakh in the year-ago period.

The trading company deals in API, pharmaceutical products and medical devices.

Shares of Achyut Healthcare were trading 2.51% higher at ₹80 apiece on the BSE at 11:16 am.

Rajeshwari Cans Ltd

Rajeshwari Cans Ltd has fixed the record date as December 19, 2024, for its bonus issue of 1:1.

The packaging products manufacturer on October 30 announced that its board approved a bonus issue of 1:1 i.e. the issue of one new share for every one share held by shareholders as of the record date.

Reported revenue from operations of ₹19.65 crore for the April- September quarter compared to ₹15.43 crore in the year-ago period.

Net Profit was ₹1.05 crore in the period against ₹64.63 lakh in the year-ago period.

The company manufactures round tin-based packaging materials for tobacco and other products.

Shares of Rajeshwari Cans were locked in 5% lower circuit at ₹525.05 apiece on the BSE at 11:17 am on Monday.

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