4 companies will issue free shares in February 2022

1. MK Exim India:

The textile processing business is a growth-oriented business with facilities in fabrics, ready-made garments, jewelry, and more. Apart from that, the company is engaged in jewelry, blankets and sleeping mats, finishing fabrics and garments.

On December 21, 2022, the company announced an issue of free shares in a ratio of 2:1, which means that shareholders holding 2 shares of the company will receive 1 additional share at no additional cost. The ex-date of the free shares is February 8, while the record date is February 9, 2022.

2. Ideal Texbuild:

2. Ideal Texbuild:

Ideal is a BSE-listed penny scrip priced at just Rs. 7.17 per share. The company announced on January 3, 2022 the issue of free shares in a ratio of 1:10, that is, for each share held, the shareholder will be entitled to obtain 10 additional shares, increasing as well as its participation in the company.

The company based in Gujarat and is engaged in the main business of textiles and building construction

The ex-date of said bonus is February 10, while the record date is February 11, 2022.

Other companies that became ex-dividend on February 3, 2022

Other companies that became ex-dividend on February 3, 2022

Store Bonus rate Express Registration Date
Parshva Enterprises 205:100 02/03/2022 02/04/2022
Advertisements at the tip of the sword 1:1 02/03/2022 02/04/2022
Warning:

Warning:

The actions are listed above for information purposes. Investors should not consider the issuance of free shares as the sole criterion for purchasing shares. Market dynamics, company fundamentals, management position and valuations play a vital role in determining the company’s long-term future performance.

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