Authum Investment & Infrastructure Ltd shares are in focus today as the Non-Banking Financial Company (NBFC) trades ex-date for its bonus issue on January 13, 2025. The company has announced a 4:1 bonus issue, which will significantly increase the number of shares available to eligible investors.

Bonus Issue Structure

The bonus issue follows a 4:1 ratio, meaning shareholders will receive substantial additional equity at no extra cost. The structure of this bonus allocation is outlined below:

Eligibility Criteria

Shareholders who held Authum Investment & Infrastructure Ltd shares before the ex-date of January 13, 2025, will be eligible to receive the bonus shares. The ex-date serves as the critical cutoff point for determining which investors qualify for the bonus allocation.

Impact on Shareholding

The 4:1 bonus issue will substantially increase the total number of shares held by eligible investors. For every single share owned before the ex-date, shareholders will receive four additional shares, effectively multiplying their shareholding by five times while maintaining the same proportional ownership in the company.

Authum Investment & Infrastructure Ltd, operating as an NBFC, has structured this bonus issue to reward existing shareholders and potentially improve the stock's liquidity in the market through the increased share count.

Two companies are preparing to distribute bonus shares to their shareholders this week, offering investors additional equity stakes in their respective businesses. Authum Investment & Infrastructure Ltd. and Best Agrolife Ltd. have announced their bonus share plans with specific record dates that investors need to monitor closely.

Authum Investment Announces 4:1 Bonus Issue

Authum Investment & Infrastructure Ltd. board has recommended issuing bonus shares in a 4:1 ratio, representing the company's first bonus issue. The record date for this bonus allotment has been set for January 13.

Shareholders will receive four new fully paid-up equity shares for every one existing share they hold in their demat accounts as of the record date.

Best Agrolife Proposes 1:2 Bonus Shares

Best Agrolife Ltd. board has recommended a bonus share issue in the ratio of 1:2, with the record date scheduled for January 16. This proposal remains subject to shareholder approval.

Under this arrangement, shareholders will receive one new fully paid-up equity share for every two existing shares they hold.

Important Eligibility Requirements

Investors planning to participate in these bonus issues must understand the critical timing requirements under India's T+1 settlement cycle. To be eligible for bonus share allotment, investors must:

• Purchase shares at least one trading day before the record date
• Ensure shares are reflected in their demat account by the record date
• Note that purchases made on the record date itself will not qualify for the bonus issue

The record date serves as the cut-off point for determining eligible shareholders, and companies announce this date well in advance to provide adequate notice to investors.