Two leading companies are all set to reward their shareholders with free shares next week. These companies are Gujarat Toolroom Ltd and Kothari Products Ltd. Penny Stock Gujarat Toolroom recommended bonus shares on January 6, 2025 in the proportion of 5:1, implying shareholders will be eligible to receive 5 bonus shares for every 1 share held as on the record date. On the other hand, Kothari Products declared 1:1 bonus shares. Check more details below:
Gujarat Toolroom To Trade Ex-Bonus
According to the exchange filing of Gujarat Toolroom dated Feb 12, 2025, “the Company has fixed Tuesday, 18th February, 2025 as the “Record Date”, for the purpose of ascertaining the eligibility of shareholders entitled for issue of Bonus Equity Shares of the Company in the ratio of 5 :1, i.e., 5 (Five) Equity Share of Re 1/- each for every 1 (One) Equity ‘Shares of Re. 1/- each,which was recommended by the Board of Directors of the Company vide its meeting held on Monday, 6th January, 2025 and for which approval of the shareholders have already been obtained through postal ballot on Saturday, 08th February,2025.”
Gujarat Toolroom Shares Performance
Last trading price of Gujarat Toolroom Ltd shares on BSE stood at Rs 12.25 per share with intraday gain of 2.94%. The 52-week high price of Gujarat Toolroom shares on BSE stood at Rs 45.97 apiece (as on 11/03/2024) and 52-week low price is Rs 10.18 per share (as on 30/01/2025), respectively. The company has a market capitalisation of Rs 284.28 crore. It offers a return of equity (ROE) at 24.38%. The scrip zoomed 13.53% in last 2-weeks when Sensex fell 2.01%. In last 1-year, the stock tumbled 67.52% and gained 974.56% in last 3-years. The stock offered maximum returns of 3123.68% in last 5-years.
The penny stock recommended Re 1/sh dividend in 2024 with ex-dividend date fixed as 19 April 2024.
Kothari Products Ltd Set To Go Ex-Bonus On Feb 18
The tobacco sector company recommended 1:1 bonus share. The company on Feb 8, 2025 fixed February 18, 2025 as the record date for bonus share. The exchange filing stated, “we wish to inform that the Company has fixed “Record Date” as Tuesday, 181h February, 2025 (T day). Further, in compliance with SEBI Circular No. CIR/CFD/PoD/2024/122 dated September 16, 2024, we wish to inform you that the deemed date of allotment of 29843865 Bonus Shares of Rs. 10/- each in the proportion of 1:1 i.e. 1 new fully paidup equity share of Rs. 10/- each for every I existing fully paid-up equity share of Rs. 10/- each to the eligible shareholders as on the record date, would be Wednesday, 19′” February, 2025 (T +I).”
Kothari Products Shares Performance
The 52-week high price of Kothari Products shares on BSE stood at Rs 227.35 per share (as on 26/07/2024) and 52-week low price is Rs 111.5 per share as on 13/03/2024), respectively. The company has a market capitalisation of Rs 527.64 crore. Its return on equity is 3.82%. Kothari Products shares gained 3.70% in last 2-weeks, slipped 11.53% year-to-date (YTD), and zoomed over 21% in last 1-year. In last 2-years, the scrip surged 55.09% and rose 165.27% in last 5-years.
It is the principal company of the Kothari group. It is engaged in the manufacturing and marketing of pan masala and gutka under the brand name Pan Parag. It offers flavored chewing tobacco under same brand name.
Disclaimer: The story highlights bonus share and should not be considered as investment awdvice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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