2 Motherson Group companies approach ex-date for 1:2 bonus share issue. Do you own?
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Motherson Sumi Wiring
The shares of Samvardhana Motherson International Ltd (SAMIL) and Motherson Sumi Wiring will start trading on an ex-bonus basis from Friday, as these companies announced July 17 as the record date for determining the shareholder eligibility.This makes today the last day to buy the shares of these companies. Here's all you need to know:The company announced a bonus issue for shares in the ratio 1:2, which means that for every 2 shares already held by the company, the investors will be credited with an additional share.'Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed July 18, 2025 as 'Record Date', for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus shares by the Company.' the company said in an exchange filing.According to Trendlyne data, Samvardhana Motherson International has carried out 10 bonus share issues since November 2000.On Wednesday, the shares of Samvardhana Motherson International closed 1.2% lower at Rs 154.15 on the BSE.The board of Motherson Sumi Wiring also announced a 1:2 bonus share issue for its shareholders, fixing July 18 as the record date. This means, if you own 100 shares of the company, you will receive 50 bonus shares (1 bonus share for every 2 shares).After the bonus issue, your total shares will become 150.'Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed July 18, 2025 as 'Record Date', for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus shares by the Company,' the company had informed.Motherson Sumi Wiring India has given 2 bonuses since November 2022, states the Trendlyne data.Motherson Sumi Wiring shares closed flat at Rs 64.52 on the BSE on Wednesday.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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