{"id":8425,"date":"2022-05-23T13:19:00","date_gmt":"2022-05-23T07:49:00","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=8425"},"modified":"2022-06-17T17:43:43","modified_gmt":"2022-06-17T12:13:43","slug":"3-stock-splits-and-a-bonus-issue","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/3-stock-splits-and-a-bonus-issue\/","title":{"rendered":"3 Stock Splits and a Bonus Issue To Look Out for This Week"},"content":{"rendered":"\n<p><a href=\"https:\/\/blog.tickertape.in\/what-is-a-stock-split-and-how-does-it-impact-you\/?utm_source=blog&amp;utm_medium=article\" rel=\"nofollow noopener\" target=\"_blank\">Stock split<\/a> and bonus issues are both <a href=\"https:\/\/www.tickertape.in\/blog\/corporate-actions\/\">corporate actions<\/a>. While a <a href=\"https:\/\/www.tickertape.in\/blog\/stock-split\/\">stock split<\/a> means dividing each <a href=\"https:\/\/www.tickertape.in\/blog\/what-is-equity\/\">equity<\/a> share into additional shares, it does not impact the market cap of the company. However, it reduces the price per share, resulting in the liquidity of the stock. Further, a <a href=\"https:\/\/www.tickertape.in\/blog\/bonus-shares\/?utm_source=blog&amp;utm_medium=article\">bonus issue<\/a> is when a company announces offering additional shares for each share that an existing shareholder owns.<\/p>\n\n\n\n<p>The following companies have announced the record date for stock split and <a href=\"https:\/\/www.tickertape.in\/blog\/bonus-shares\/\">bonus shares<\/a> this week.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tickertape.in\/blog\/3-stock-splits-and-a-bonus-issue\/#1-Sawaca-Business-Machines-Ltd\" title=\"1. Sawaca Business Machines Ltd\">1. Sawaca Business Machines Ltd<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tickertape.in\/blog\/3-stock-splits-and-a-bonus-issue\/#2-Evexia-Lifecare-Ltd\" title=\"2. Evexia Lifecare Ltd\">2. Evexia Lifecare Ltd<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tickertape.in\/blog\/3-stock-splits-and-a-bonus-issue\/#3-Gujchem-Distillers-India-Ltd\" title=\"3. Gujchem Distillers India Ltd\">3. Gujchem Distillers India Ltd<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1-Sawaca-Business-Machines-Ltd\"><\/span><strong>1. Sawaca Business Machines Ltd<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Board of Directors has earmarked Friday, 27 May 2022, as the record date for stock split and bonus issue. Each equity share having a face value of Rs 10 will be split into 10 shares of Re 1 each. The stock will go ex-bonus on the said date. The company is engaged in trading metal scraps and cotton bales and exports. <a href=\"https:\/\/www.tickertape.in\/stocks\/sawaca-business-machines-SAW?checklist=basic&amp;utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">Sawaca Business Machines Ltd<\/a> is a <a href=\"https:\/\/www.tickertape.in\/blog\/a-multibagger-stock-that-has-further-upside-potential\/\">multibagger<\/a> stock, giving a 415.36% return to its <a href=\"https:\/\/www.tickertape.in\/blog\/shareholders\/\">shareholders<\/a> in a year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2-Evexia-Lifecare-Ltd\"><\/span><strong>2. Evexia Lifecare Ltd<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The record date for the stock split of <a href=\"https:\/\/www.tickertape.in\/stocks\/kavit-industries-KAV?checklist=basic&amp;utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">Evexia Lifecare Ltd<\/a> is set for 24 May 2022. Each share with a face value of Rs 2 would be split into a share of Re 1. The company is engaged in producing petrochemical products such as special chemicals, petroleum sulphates, solvents, special oils, and so on. These are used in rubber, leather, ink, and paint. The stock has fallen 82.60% in the last year and is down 55.93% year to date. It has increased\/decreased to 57.42% over the previous six months and 28.55% last month.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3-Gujchem-Distillers-India-Ltd\"><\/span><strong>3. Gujchem Distillers India Ltd<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Board of Directors is considering splitting 10 <a href=\"https:\/\/www.tickertape.in\/blog\/what-are-equity-shares-meaning-types-features-limitations-and-more\/\">equity shares<\/a> of Rs 10 into one share having a face value Re 1 each. The record date is set for 27 May 2022. <a href=\"https:\/\/www.tickertape.in\/stocks\/gujchem-distillers-india-GUJCM?checklist=basic&amp;utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">Gujchem Distillers India Ltd<\/a> is a multibagger stock, having returned 447.33% year to date. In the previous year, the stock has given a return of 1,002.86%. In the last six months, the stock has returned 442.73%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sawaca Business Machines Ltd, Evexia Lifecare Ltd, and Gujchem Distillers India Ltd have set the record dates for their stock split and bonus issue this week.<\/p>\n","protected":false},"author":27,"featured_media":8428,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"no","footnotes":""},"categories":[10,1744],"tags":[1602,563,1600],"acf":[],"modified_by":"Aradhana Gotur","jetpack_featured_media_url":"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2022\/05\/08.png?wsr","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/8425"}],"collection":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/comments?post=8425"}],"version-history":[{"count":5,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/8425\/revisions"}],"predecessor-version":[{"id":9220,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/8425\/revisions\/9220"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media\/8428"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media?parent=8425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/categories?post=8425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/tags?post=8425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}