MCX among 3 stocks to go ex-date for bonus issue, stock split next week. Do you own any?

Corporate actions such as stock splits, bonus issues, and face value consolidations play a key role in reshaping a company’s capital structure and can significantly influence stock liquidity, investor participation, and short-term price movements. These events, while not impacting a company’s core fundamentals, often serve as triggers for renewed investor interest, particularly among retail participants.

In the coming days, several listed companies have announced important corporate actions that shareholders should take note of. From stock splits aimed at enhancing affordability to bonus issues that reward existing shareholders, these changes may affect portfolio valuations and trading volumes. The following slides provide a snapshot of key corporate actions scheduled for the week, along with their effective dates and specific details, according to StockEdge data:

Caspian Corporate Services Ltd.

Type: Face Value Consolidation

Consolidation of face value from Rs 1 to Rs 10

Caspian Corporate Services will undergo a face value consolidation, wherein every 10 shares of Rs 1 face value will be consolidated into 1 share of Rs 10 face value. This reduces the number of shares in circulation without altering the total capital.

A-1 Ltd.

Type: Stock Split and Bonus Issue

Stock Split: From Rs 10 to Rs 1 face value

Bonus Issue: 3:1 ratio

A-1 Ltd. has announced a stock split, reducing the face value of its shares from Rs 10 to Rs 1, thereby increasing the number of shares and potentially improving liquidity. Additionally, the company will issue three bonus shares for every one share held by eligible shareholders.

Multi Commodity Exchange of India (MCX)

Type: Stock Split

Split of face value from Rs 10 to Rs 2

MCX will carry out a stock split, reducing the face value of its equity shares from Rs 10 to Rs 2. This move is expected to enhance stock affordability and attract wider investor participation.

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