Two companies are set to reward shareholders with bonus shares this week, as Orient Technologies and Antariksh Industries prepare to distribute additional equity to their stakeholders. Both companies have announced their first-ever bonus issues in identical 1:10 ratios, marking significant milestones for their respective shareholders.

Investors must pay careful attention to the record dates to ensure eligibility for these bonus allotments. Under India's T+1 settlement cycle, shares must be purchased at least one trading day before the record date, as purchases made on the record date itself will not reflect in demat accounts in time for eligibility.

Orient Technologies Bonus Issue

Orient Technologies Ltd leads the week's bonus activity with its record date scheduled for January 5. The company's board has recommended issuing bonus shares in a 1:10 ratio, subject to shareholder approval.

Shareholders holding shares in their demat accounts as of the record date will receive one new fully paid-up equity share for every 10 existing shares they hold.

Antariksh Industries Bonus Announcement

Antariksh Industries follows closely with its bonus issue record date set for January 9. The company has also recommended a 1:10 bonus share ratio, matching Orient Technologies' offering structure.

This marks Antariksh Industries' inaugural bonus issue, representing a significant corporate action for the company's shareholders. The identical ratio structure provides shareholders with the same proportional benefit as Orient Technologies.

Key Investment Considerations

Both bonus issues represent the companies' first such distributions to shareholders, indicating management confidence in their respective business prospects. The 1:10 ratio means shareholders will see their shareholding increase by 10% through these bonus allotments.

Investors interested in participating must ensure their share purchases settle before the respective record dates. The staggered timing of January 5 and January 9 provides opportunities for strategic positioning across both companies during the week.

The Indian corporate landscape saw a flurry of major announcements spanning mergers, significant order wins, regulatory challenges, and strategic expansions across multiple sectors. These developments highlight the dynamic nature of business activities as companies position themselves for growth in the new year.

Major Merger and Acquisition Activity

Devyani International's board has approved a comprehensive Scheme of Arrangement involving Sapphire Foods India. Under this merger framework, Sapphire Foods will amalgamate with Devyani International effective from April 1, 2026. The transaction structure offers shareholders an attractive exchange ratio:

In the healthcare sector, Trident Lifeline strengthened its position by acquiring an additional 9.04% stake in Trident Mediquip for approximately ₹4.42 crore, demonstrating continued investment in the medical equipment sector.

Significant Order Wins and Contract Awards

Several companies announced substantial order victories that will drive future revenue growth. Bharat Electronics Limited emerged as a major winner, securing additional orders worth ₹569 crore since December 29. The diverse order book includes communication equipment, medical electronics, fire detection systems, and various upgrade services.

K2 Infragen achieved a landmark success by receiving a Letter of Acceptance for a ₹262 crore project from Indian Railways through its joint venture partnership. The comprehensive railway infrastructure project covers:

Other notable contract wins included Railtel Corporation securing a ₹56.71 crore order from Assam Health Infrastructure Development & Management Society and Ahmedabad Steel Craft receiving two contracts totaling ₹59.27 crore from Jharkhand Urja Sancharan Nigam.

Operational Milestones and Business Expansions

Olectra Greentech marked a significant operational achievement by commencing commercial operations at its new Greenfield Electric Vehicle Manufacturing Facility in Seetharampur, Hyderabad. The facility represents a major step in India's electric vehicle manufacturing capabilities:

Zomato and Blinkit achieved remarkable operational success on New Year's Eve, delivering over 75 lakh orders—an all-time high. The platforms maintained normal operations despite strike calls, accomplishing this milestone without additional incentives beyond standard New Year's Eve offerings.

Regulatory Challenges and Corporate Restructuring

Vodafone Idea faces a significant regulatory challenge with a ₹638 crore GST penalty from the Additional Commissioner, Central Goods and Services Tax, Ahmedabad. The company has indicated its disagreement with the order and plans to pursue legal remedies.

Several companies completed strategic restructuring initiatives. NLC India transferred seven Renewable Energy Assets to its wholly owned subsidiary NLC India Renewables on January 1, following a Business Transfer Agreement executed on October 31. Similarly, Indegene's step-down subsidiaries completed an amalgamation to form Indegene Healthcare Canada Inc.

Market Platform Migrations and Real Estate Developments

Achyut Healthcare achieved an important corporate milestone by receiving BSE approval to migrate from the SME platform to the Main Board Platform, enhancing market access for investors. In the real estate sector, Modis Navnirman secured the redevelopment contract for BOI Staff Sheetal Co-operative Housing Society in Mumbai, with an estimated Gross Development Value of ₹250 crore covering approximately 3,924.91 square meters.

Britannia Industries received a significant tax demand of ₹108.50 crore plus equivalent penalty from Chennai North Commissionerate, covering six financial years from 2018-19 to 2023-24, related to alleged incorrect input tax credit availment.