Last day to buy the shares of smallcap stock to qualify for 4:1 bonus issue as record date approaches
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Investors eyeing the upcoming bonus issue by Karnika Industries need to act today, as Thursday marks the last day to purchase shares to be eligible for the corporate action. The company had announced a generous 4:1 bonus issue. This means that the shareholders will receive four additional shares for every one share held. The ex-date for this bonus issue is Friday, August 29, 2025. The ex-date is crucial for investors since only those holding shares before the ex-date are eligible for the bonus allotment. Transactions made today, August 28, will reflect in the shareholders’ demat accounts before the ex-date, thus qualifying them for the entitlement. Any shares bought on or after the ex-date will not carry the bonus benefit. The bonus issue from Karnika Industries may be seen as a shareholder-friendly move, aimed at increasing retail participation and enhancing liquidity in the counter. Live Events Bonus shares are issued by companies from ...