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Overview of Bonus Issues
Investors, mark your calendars! Several companies have announced bonus issues with ex-dates falling in August and September 2024. Here, we review three notable companies: VST Industries, Garment Mantra Lifestyle, and Power Mech Projects. Knowing these dates can help you navigate your investment strategies effectively.
VST Industries: Bonus Issue 10:1
VST Industries has declared a significant bonus issue of 10:1. This means for every one share held, shareholders will receive an additional ten shares. The ex-date for this bonus issue is set to be August 30, 2024. This announcement showcases VST Industries’ robust performance and confidence in continuing to provide value to its shareholders.
Garment Mantra Lifestyle: Bonus Issue 1:1
Garment Mantra Lifestyle has also joined the race by declaring a bonus issue of 1:1. In this case, every share held will be matched with one additional share. This bonus issue will be effective from September 3, 2024. Garment Mantra Lifestyle’s decision reflects its commitment to rewarding its investors while potentially expanding its shareholder base.
Power Mech Projects: Bonus Issue 1:1
Another notable announcement comes from Power Mech Projects, which has declared a 1:1 bonus issue. Investors holding one share will receive one additional share. The ex-date for this issue is scheduled for September 28, 2024. This move indicates Power Mech Projects’ strong financial health and its goal to enhance investor satisfaction and interest.
Conclusion
Bonus issues often indicate a company’s healthy financial status and can significantly impact stock prices and investor sentiment. Keep an eye on the mentioned dates if you are a shareholder of VST Industries, Garment Mantra Lifestyle, or Power Mech Projects, and stay informed to make the most out of these opportunities.
