Shikhar Leasing & Trading bonus share

SHIKHARLETR

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0.00 (0.00%)
Last updated on 16 Dec, 2025 | 15:40 IST
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Shikhar Leasing & Trading Bonus Share Details

Announcement Date

13-Aug-2024

Bonus Date

13-Aug-2024

Bonus Ratio

3:1

Record Date

04-Oct-2024

Ex-Bonus Date

04-Oct-2024

Shikhar Leasing & Trading has announced a bonus share issuance, aimed at rewarding its existing shareholders and improving market liquidity. The announcement was made on 13-Aug-2024, with the record date fixed for 04-Oct-2024 to determine eligible investors. The bonus ratio stands at 3:1, implying that shareholders will receive additional shares in this proportion. The ex-bonus date is 04-Oct-2024, followed by the bonus credit date of 13-Aug-2024.

Shikhar Leasing & Trading Bonus History

Bonus DateBonus RatioRecord DataEx-Bonus Date
13-Aug-20243:104-Oct-202404-Oct-2024

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Shikhar Leasing & Trading FAQs

Shikhar Leasing & Trading bonus shares will be credited directly to your demat account after the record date of 04-Oct-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 Shikhar Leasing & Trading’s bonus shares, you must be a registered shareholder on the Bonus Share Record Date of 04-Oct-2024.

To qualify:
  • Your name must appear in Shikhar Leasing & Trading'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 04-Oct-2024

Shikhar Leasing & Trading issues bonus shares in the ratio of 3:1. 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:
  • 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

Shikhar Leasing & Trading's share price typically adjusts proportionally after the bonus issue. For instance, if Shikhar Leasing & Trading'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
This price adjustment reflects the increased number of shares while maintaining the company's market capitalisation.

The record date for Shikhar Leasing & Trading bonus shares is 04-Oct-2024