Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.
Bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.
As per a recent BSE circular,
- 1 equity share of Rajnish Wellness Ltd. (Scrip Code: 541601) of Face Value of Rs. 10 will be sub-divided into 5 equity shares of Face value of Rs. 2 each.
- A bonus of 2 equity shares of Face value of Rs. 2 will be issued for every 1 equity share of Face value of Rs. 2 held.
The key dates for the same are as follows:
| Company Name | Symbol | Record Date | Ex-bonus Basis From Date |
| Rajnish Wellness Ltd. | RAJNISH | 22-Jul | 21-Jul |
Refer: BSE circular
