Julien Agro Infratech Ltd., Sayaji Industries Ltd., and Narmada Macplast Drip Irrigation Programs Ltd., are corporations which are all set to disburse bonus shares to their stakeholders. To be eligible for a bonus concern, traders ought to take note of the file date, which is used to find out eligible shareholders.
The corporate broadcasts this date prematurely, and solely those that maintain the shares of their demat account as of this file date might be eligible for the bonus allotment. Beneath India’s T+1 settlement cycle, traders should purchase the shares no less than one buying and selling day earlier than the file date to be eligible.
Which means purchases made on the file date itself won’t mirror within the demat account in time. The board of Julien Agro Infratech Ltd. had beneficial a problem of bonus shares within the ratio of 1:1 new absolutely paid-up fairness shares. Which means shareholders will obtain one new absolutely paid-up fairness share for each current share they maintain, topic to shareholder approval. The file date for a similar is ready as Oct. 6.
The board of Sayaji Industries had beneficial a problem of bonus shares within the ratio of three:1. The file date for a similar is ready as Oct. 7. Which means shareholders will obtain three new absolutely paid-up fairness shares for each current share they maintain, topic to shareholder approval. Equally, Narmada Macplast Drip Irrigation Programs had beneficial a problem of bonus shares within the ratio of 1:1. The file date for the difficulty is ready as Oct. 10.
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