Rites bonus share
RITES
242.6
0.65 (0.27%)NSE
BSE
Last updated on 24 Dec, 2025 | 15:57 IST
BUYSELL
Today's High
246.50
Today's Low
240.82
52 Week Low
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52 Week High
316.00
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Login Rites Bonus Share Details
Announcement Date
31-Jul-2024
Bonus Date
31-Jul-2024
Bonus Ratio
1:1
Record Date
20-Sep-2024
Ex-Bonus Date
20-Sep-2024
Rites has announced a bonus share issuance, aimed at rewarding its existing shareholders and improving market liquidity. The announcement was made on 31-Jul-2024, with the record date fixed for 20-Sep-2024 to determine eligible investors. The bonus ratio stands at 1:1, implying that shareholders will receive additional shares in this proportion. The ex-bonus date is 20-Sep-2024, followed by the bonus credit date of 31-Jul-2024.
Rites Bonus History
| Bonus Date | Bonus Ratio | Record Data | Ex-Bonus Date |
|---|---|---|---|
| 31-Jul-2024 | 1:1 | 20-Sep-2024 | 20-Sep-2024 |
Upcoming Bonus Shares By Indian Companies
View More| Company | Bonus Ratio | Announcement | Record Date | Bonus Date |
|---|---|---|---|---|
| Ram Ratna Wires Ltd. | 1:1 | 12-Nov-2025 | 26-Dec-2025 | 26-Dec-2025 |
Rites FAQs
Rites bonus shares will be credited directly to your demat account after the record date of 20-Sep-2024. The credit process typically takes 7-15 working days from the record date. You can track the status of your bonus shares through your Choice Demat account.
To receive Rites’s bonus shares, you must be a registered shareholder on the Bonus Share Record Date of 20-Sep-2024.
To qualify:
To qualify:
- Your name must appear in Rites's shareholders' register
- Shares must be held in your demat account or physical form
- All shares should be fully paid up
- Purchase of shares must be completed before the bonus share ex-bonus date of 20-Sep-2024
Rites issues bonus shares in the ratio of 1:1. Based on that you will be allocated bonus shares for every share that you hold.
The number of bonus shares you receive mainly depends on the bonus ratio announced by the company.
For example:
The number of bonus shares you receive mainly depends on the bonus ratio announced by the company.
For example:
- In a 1:1 bonus ratio, you receive one new share for each share held
- With a 2:1 ratio, you receive two new shares for each share held
- For a 1:2 ratio, you receive one new share for every two shares held
Rites's share price typically adjusts proportionally after the bonus issue. For instance, if Rites's share price is ₹100 and it announces a 1:1 bonus:
- The theoretical post-bonus price would be ₹50
- Your total investment value remains unchanged
- The number of shares in your portfolio doubles
The record date for Rites bonus shares is 20-Sep-2024
