Several companies have announced plans to issue bonus shares in 2024. These announcements mean that existing shareholders will receive additional shares, typically at no extra cost, based on a specified ratio to their current holdings.
The following table lists companies that have announced bonus shares with an announcement date in 2024:
Companies Announcing Bonus Shares in 2024
| Company | Bonus Ratio | Announcement Date |
|---|---|---|
| Sky Gold Ltd | 9:1 | 04-12-2024 |
| Essen Speciality Films Ltd | 1:5 | 10-12-2024 |
| Achyut Healthcare Ltd | 4:10 | 22-11-2024 |
| Consecutive Investments & Trading Co Ltd | 1:1 | 25-11-2024 |
Bonus shares are a common corporate action used by companies to increase their outstanding share capital, improve share liquidity, and reward their shareholders. The "Bonus Ratio" indicates how many new shares are issued for every existing share held by an investor.
