Autoriders International's 5:1 Bonus Issue: Last Day to Secure Entitlement
Autoriders International has declared a 5:1 bonus issue, with today being the final day for shareholders to purchase shares and qualify. The ex-bonus date is set for November 18. Eligible shareholders will receive 5 bonus shares for every 1 share held on the record date. The allotment process will be automatic, with bonus shares credited to shareholders' demat accounts post-allotment.

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Autoriders International has announced a generous 5:1 bonus issue, and today marks the final opportunity for shareholders to purchase the company's shares and qualify for this significant corporate action.
Key Details of the Bonus Issue
| Aspect | Details |
|---|---|
| Bonus Ratio | 5:1 (5 bonus shares for every 1 share held) |
| Ex-Bonus Date | November 18 |
| Last Date to Buy | Today |
| Eligibility | Shareholders on record date |
| Allotment Process | Automatic credit to demat accounts post-allotment |
What This Means for Investors
The bonus issue represents a substantial opportunity for both existing and potential shareholders of Autoriders International. For every single share held on the record date, investors will receive five additional equity shares, effectively increasing their shareholding without any extra cost.
Important Dates
- Today: Last day to purchase shares to qualify for the bonus issue
- November 18: Ex-bonus date (shares will trade without the entitlement to bonus shares from this date)
Action Required
Investors interested in participating in this bonus issue must ensure they complete their share purchases by the end of today's trading session. It's crucial to note that from November 18, the stock will trade ex-bonus, meaning new purchases from that date will not be eligible for the bonus shares.
Automatic Allotment Process
Shareholders need not take any additional steps to claim their bonus shares. The company will automatically credit the additional shares to the demat accounts of eligible shareholders after the allotment date.
Conclusion
This bonus issue by Autoriders International represents a significant corporate action that could potentially increase the liquidity of the stock and reward existing shareholders. However, investors should always consider their overall investment strategy and conduct thorough research before making any investment decisions.
Historical Stock Returns for Autoriders International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +1.97% | +8.53% | +985.59% | +3,294.00% | +16,819.19% |






























