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At least five companies have fixed their record dates for bonus issues or stock splits for this week between October 5 (Monday) and October 9 (Friday). Interested investors need to hold shares of these companies in their demat accounts on or before the record date to be eligible for corporate actions. The list remains tentative as more companies may announce record dates for bonus issues and stock splits during the week. A bonus issue consists of free shares distributed by a company from its reserves and is often seen as a sign of strong financial health and growth prospects. While the issue of bonus shares increases the total number of outstanding shares, it does not change the company’s market capitalisation. However, it can improve liquidity and affordability, allowing more investors to add shares of the company to their portfolio. In case of a stock split, the company splits every existing share into multiple shares. While the number of outstanding shares increases, the company’s overall market capitalisation remains unchanged. A lower share price can make the stock more accessible to retail investors, potentially improving participation and trading volumes. BLS E-Services has fixed October 6 (Tuesday) as the record date for its 1:2 stock split. This means that every share as on the record date will split into two shares following the stock split. The value of each share will adjust to the corporate action on the record date. GTV Engineering has fixed October 7 (Wednesday) as the record date for a 2:1 bonus issue. This means that eligible shareholders will get two bonus shares for every one share held in the company as on the record date. Shankara Buildpro has fixed October 8 (Thursday) as the record date for its 1:5 stock split. This means that every share as on the record date will split into five shares following the stock split. The value of each share will adjust to the corporate action on the record date. Mold-Tek Technologies and Mold-Tek Packaging both have fixed Friday as the record date for their respective 1:1 bonus issues. This means that eligible shareholders will get one bonus share for every one share held in the companies as on the record date.
document fetched 2026-10-04 02:50