Latest news with #MothersonSumiWiring
Economic Times
4 days ago
- Business
- Economic Times
Explained: Motherson Sumi, Samvardhana Motherson didn't crash 32%. Bonus issue explains sharp price drop
Shares of Samvardhana Motherson International and Motherson Sumi Wiring appeared to plunge over 32% in early trade on Friday, July 18, showing sharply lower prices in investor demat accounts. But the steep drop was not a market rout, it was a technical adjustment following the companies' 1:2 bonus issues that took effect today, with stock prices recalibrating accordingly and no impact on the overall value of shareholder holdings. ADVERTISEMENT Samvardhana Motherson shares began trading ex-bonus on Friday following the company's 1:2 bonus issue, its 11th such issue in the last three decades. Shareholders will receive one bonus share for every two shares held as of the record date, which was set for July 18. The last day to buy the shares and remain eligible was Thursday, July 17. For example, an investor holding 200 shares will be allotted 100 bonus shares, increasing the total number of shares held to 300, with the per-share price adjusting proportionately. On Thursday, July 17, the Samvardhana Motherson stock had closed at Rs 153.85 on the BSE. On Friday morning, it opened at Rs 104.65, a decline of around 32% on paper, reflecting the bonus adjustment. The stock was trading 0.3% higher by mid-morning. This marks the 10th bonus issuance by Samvardhana Motherson since November 2000. Motherson Sumi Wiring, the demerged entity of Samvardhana Motherson, also implemented a 1:2 bonus issue, its first since listing. The record date was also July 18. ADVERTISEMENT Shares of Motherson Sumi Wiring closed at Rs 64.40 on Thursday and opened at Rs 43.70 on Friday, implying a 32% decline on paper, again, a direct outcome of the bonus adjustment. The stock was up 2.5% in early bonus ratio entitles shareholders to one bonus share for every two shares held. For instance, an investor with 100 shares will receive 50 bonus shares, increasing their total holdings to 150. ADVERTISEMENT Although the per-share price appears to have dropped significantly on paper, investors have not lost any value. The total worth of their holdings remains unchanged as the number of shares increases to offset the reduced example, a shareholder holding 300 shares of Motherson Sumi Wiring at Rs 60 apiece, a total value of Rs 18,000, will now hold 450 shares priced at approximately Rs 40 each, maintaining the same overall investment value. ADVERTISEMENT Also read | Motherson Sumi, Samvardhana Motherson International shares rise up to 4% on bonus share issue record date Both companies have announced that the deemed date of allotment for the bonus shares will be Monday, July 21. These bonus shares will be made available for trading on the next working day, i.e., Tuesday, July 22. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
4 days ago
- Business
- Time of India
Explained: Motherson Sumi, Samvardhana Motherson didn't crash 32%. Bonus issue explains sharp price drop
Shares of Samvardhana Motherson International and Motherson Sumi Wiring appeared to plunge over 32% in early trade on Friday, July 18, showing sharply lower prices in investor demat accounts. But the steep drop was not a market rout, it was a technical adjustment following the companies' 1:2 bonus issue s that took effect today, with stock prices recalibrating accordingly and no impact on the overall value of shareholder holdings. Samvardhana Motherson's bonus issue Samvardhana Motherson shares began trading ex-bonus on Friday following the company's 1:2 bonus issue, its 11th such issue in the last three decades. Shareholders will receive one bonus share for every two shares held as of the record date, which was set for July 18. The last day to buy the shares and remain eligible was Thursday, July 17. Explore courses from Top Institutes in Select a Course Category CXO Management Degree Digital Marketing MBA healthcare Data Science PGDM Design Thinking Others Data Science Leadership Artificial Intelligence Cybersecurity Technology Healthcare Operations Management Finance Product Management Data Analytics others Public Policy Project Management MCA Skills you'll gain: Technology Strategy & Innovation Emerging Technologies & Digital Transformation Leadership in Technology Management Cybersecurity & Risk Management Duration: 24 Weeks Indian School of Business ISB Chief Technology Officer Starts on Jun 28, 2024 Get Details Skills you'll gain: Customer-Centricity & Brand Strategy Product Marketing, Distribution, & Analytics Digital Strategies & Innovation Skills Leadership Insights & AI Integration Expertise Duration: 10 Months IIM Kozhikode IIMK Chief Marketing and Growth Officer Starts on Apr 7, 2024 Get Details Skills you'll gain: Operations Strategy for Business Excellence Organizational Transformation Corporate Communication & Crisis Management Capstone Project Presentation Duration: 11 Months IIM Lucknow Chief Operations Officer Programme Starts on Jun 30, 2024 Get Details Skills you'll gain: Digital Strategy Development Expertise Emerging Technologies & Digital Trends Data-driven Decision Making Leadership in the Digital Age Duration: 40 Weeks Indian School of Business ISB Chief Digital Officer Starts on Jun 30, 2024 Get Details For example, an investor holding 200 shares will be allotted 100 bonus shares , increasing the total number of shares held to 300, with the per-share price adjusting proportionately. On Thursday, July 17, the Samvardhana Motherson stock had closed at Rs 153.85 on the BSE. On Friday morning, it opened at Rs 104.65, a decline of around 32% on paper, reflecting the bonus adjustment. The stock was trading 0.3% higher by mid-morning. This marks the 10th bonus issuance by Samvardhana Motherson since November 2000. Live Events First bonus since demerger for Motherson Sumi Wiring Motherson Sumi Wiring, the demerged entity of Samvardhana Motherson, also implemented a 1:2 bonus issue, its first since listing. The record date was also July 18. Shares of Motherson Sumi Wiring closed at Rs 64.40 on Thursday and opened at Rs 43.70 on Friday, implying a 32% decline on paper, again, a direct outcome of the bonus adjustment. The stock was up 2.5% in early trade. The bonus ratio entitles shareholders to one bonus share for every two shares held. For instance, an investor with 100 shares will receive 50 bonus shares, increasing their total holdings to 150. No change in investment value Although the per-share price appears to have dropped significantly on paper, investors have not lost any value. The total worth of their holdings remains unchanged as the number of shares increases to offset the reduced price. For example, a shareholder holding 300 shares of Motherson Sumi Wiring at Rs 60 apiece, a total value of Rs 18,000, will now hold 450 shares priced at approximately Rs 40 each, maintaining the same overall investment value. Also read | Motherson Sumi, Samvardhana Motherson International shares rise up to 4% on bonus share issue record date Bonus shares to be credited next week Both companies have announced that the deemed date of allotment for the bonus shares will be Monday, July 21. These bonus shares will be made available for trading on the next working day, i.e., Tuesday, July 22.
Mint
5 days ago
- Business
- Mint
Motherson Sumi Wiring share price gains 4% on record date for Bonus share issue
Stock Market Today: Motherson Sumi Wiring share price gained more than 4% on Friday, which also happens to be the record date for the bonus share issue. Check details On May 29, 2025, the Motherson Group, founded in 1975 by Swarn Lata Sehgal (Mother) and V.C. Sehgal (Son), celebrating its 50th anniversary and also considering the strong financials of the company for financial year 2024-25, had decided to reward the investors with a bonus issue. The company approved bonus shares in the ratio of 1:2, with 1 equity share of Re. 1/- fully paid-up for every 2 existing equity shares of Re. 1/- each, subject to approval. Motherson Sumi Wiring had set 18 July 2025 as the record date for the bonus share issue. The record date set by Motherson Sumi Wirings implied that in order to be eligible and have their names included on the list of eligible shareholders to receive dividends under the T+1 settlement method, investors who wanted to receive bonus shares had to purchase them at least one day before the record date. Motherson Sumi Wiring also rewarded investors by announcing dividends. The Board of Directors of The Motherson Sumi Wiring had recommended a final dividend of ₹ 0.35 (thirty-five paise) per equity share (face value of Rs. 1/ apiece) on May 9, 2025. Shareholders will need to approve this at the upcoming AGM on August 28, 2025. If the shareholders declare a final dividend at the upcoming AGM, it will be paid within 30 days after the declaration, on or before September 26, 2025. The final payment will be in addition to the interim dividend of ₹ 0.50 (50 paise) for the fiscal year 2024-25. Motherson Sumi Wiring share price opened at ₹ 43.70 on the BSE on Friday, with 1.7% gains above the previous trading session's closing price of ₹ 42.95. However, it saw smart gains thereafter. The Motherson Sumi Wiring share price soon extended gains to intraday highs of ₹ 44.80, which meant an upside of more than 4% during the intraday trade on Friday for the Motherson Sumi Wiring share price. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Economic Times
6 days ago
- Business
- Economic Times
2 Motherson Group companies approach ex-date for 1:2 bonus share issue. Do you own?
Samvardhana Motherson International and Motherson Sumi Wiring will trade ex-bonus from Friday, with July 17 as the last day to buy shares for bonus eligibility. Both companies announced a 1:2 bonus share issue, meaning investors will receive one additional share for every two shares held. The record date for determining shareholder eligibility is July 18, 2025. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads 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 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 to Trendlyne data, Samvardhana Motherson International has carried out 10 bonus share issues since November Wednesday, the shares of Samvardhana Motherson International closed 1.2% lower at Rs 154.15 on 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 Sumi Wiring India has given 2 bonuses since November 2022, states the Trendlyne 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)
Time of India
6 days ago
- Business
- Time of India
2 Motherson Group companies approach ex-date for 1:2 bonus share issue. Do you own?
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: Explore courses from Top Institutes in Select a Course Category Data Analytics MCA Product Management Cybersecurity Digital Marketing Data Science Finance Public Policy MBA Operations Management Others others Degree Technology Project Management Data Science PGDM Artificial Intelligence Healthcare Design Thinking Leadership healthcare CXO Management Skills you'll gain: Data Analysis & Visualization Predictive Analytics & Machine Learning Business Intelligence & Data-Driven Decision Making Analytics Strategy & Implementation Duration: 12 Weeks Indian School of Business Applied Business Analytics Starts on Jun 13, 2024 Get Details Samvardhana Motherson International 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. Motherson Sumi Wiring 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. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
