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Bonus Share Bonanza: 2 Firms Set Record Dates This Week
21 Jun
Summary
- Two companies will allot bonus shares this week.
- Kotyark Industries offers a 10:1 bonus ratio.
- ZF Commercial Vehicle Control Systems India offers 5:1.
As the quarter ending June 30, 2026, approaches, the corporate actions front is seeing limited activity, particularly concerning bonus share issues. However, two companies, Kotyark Industries Ltd. and ZF Commercial Vehicle Control Systems India Ltd., have announced their respective record dates this week.
A record date is crucial for determining which shareholders are eligible for corporate actions like bonus shares. To qualify, investors must own shares before the ex-date, which, under India's T+1 settlement cycle, typically means purchasing shares at least one trading day prior to the record date.
Kotyark Industries is set to issue bonus shares in a 10:1 ratio, granting eligible shareholders ten bonus shares for every one share they hold. The record date for this allotment is June 24, 2026. Similarly, ZF Commercial Vehicle Control Systems India Ltd. has announced a 5:1 bonus issue. Shareholders of record on June 24, 2026, will receive five bonus shares for each share owned.
These upcoming bonus issues present an opportunity for investors to increase their holdings in these companies as the earnings season begins.
