NewsCorporate ActionsBonus Shares This Week: Authum Investment Announces 4:1 Issue, Best Agrolife Proposes 1:2 RatioBonus Shares This Week: Authum Investment Announces 4:1 Issue, Best Agrolife Proposes 1:2 Ratio
Authum Investment & Infrastructure Ltd. and Best Agrolife Ltd. are distributing bonus shares this week. Authum Investment offers a 4:1 bonus ratio with January 13 as the record date, marking its first bonus issue. Best Agrolife proposes a 1:2 bonus ratio with January 16 as the record date, pending shareholder approval. Investors must purchase shares at least one trading day before the record date under India's T+1 settlement cycle to be eligible for the bonus allotment.
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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.
| Parameter: | Details |
|---|---|
| Bonus Ratio: | 4:1 |
| Record Date: | January 13 |
| Eligibility: | 4 new shares for every 1 existing share |
| Company Status: | First bonus issue |
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.
| Parameter: | Details |
|---|---|
| Bonus Ratio: | 1:2 |
| Record Date: | January 16 |
| Eligibility: | 1 new share for every 2 existing shares |
| Status: | 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.
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