Bonus, Buyback stocks today: Advani Hotels and Resorts, Nupur Recyclers, Paisalo Digital, Dwarikesh Sugar Industries – Check amount and other details

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Updated March 20, 2024 | 07:42 AM IST

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Bonus, Buyback stocks today: Advani Hotels and Resorts, Nupur Recyclers, Paisalo Digital, Dwarikesh Sugar Industries (Image: iStock/ET NOW NEWS)

Bonus, Buybacks stocks on March 20, 2024: Stocks of several companies such as Advani Hotels and Resorts, Nupur Recyclers, Paisalo Digital, and Dwarikesh Sugar Industries will be in focus on Wednesday on account of corporate actions. These companies have fixed the record date on March 20 ie today for bonus and buyback shares. Of these, Advani Hotels and Resorts, Nupur Recyclers, and Paisalo Digital will issue bonus equity shares while Dwarikesh Sugar Industries will offer buyback today.

Advani Hotels and Resorts Bonus Share 2024:

As per the exchange filing, Advani Hotels and Resorts has announced the issue of bonus shares to increase its equity base and encourage retail participation. The company backed by ace investor Radhakishan Damani, has declared an issue of bonus shares in the ratio of 1:1, meaning one additional bonus share will be issued for every one share held by investors.

“The Company has fixed Wednesday, March 20, 2024, as ‘Record Date’ for the purpose of determining the eligibility of Shareholders for the entitlement of issue of Bonus Equity Shares in the ratio of 1:1 ie 1 (One) new fully paid -up Equity Shares of ₹ 2/- (Rupees Two only) each for every 1 (One) existing fully paid-up Equity Share of ₹ 2/- (Rupees Two only) each held by them on the Record Date,” the company said in an exchange filing.

Nupur Recyclers Bonus Share 2024:

According to NSE, Nupur Recyclers Limited has announced to issue bonus shares to its investors. The company has been approved to issue bonus shares in the ratio of 1:2, which means one additional bonus share will be issued for every two shares held by the investors. “…receive the Bonus Shares in the ratio of 1:2 ie. 1 (One) Bonus Shares for every 2 (Two) fully paid-up Equity Shares of Rs 10/- (Rupees Ten) each held by the member, ” the company said in a release.

Paisalo Digital Bonus Share 2024:

According to an exchange filing, Paisalo Digital Limited has announced the issue of bonus shares in the ratio of 1:1 to its investors. This means, one additional bonus share will be issued for every one share held by investors. “…for issue and proposed allotment of 44,90,21,990 Equity shares of Re.1/- each as bonus share in the ratio of 1 new equity share for every 1 existing equity share held in the Company,” the company said .

Dwarikesh Sugar Industries Buyback Stocks 2024

According to an exchange filing, Dwarikesh Sugar Industries Limited has announced the details of its share buyback plan. The company has informed that its board of directors approved the proposal of the buyback of Equity Shares. “The Company has fixed Wednesday, March 20, 2024 as the Record Date for the purpose of determining the entitlement and the names of equity shareholders who are eligible to participate in the buyback,” the company said in an exchange filing.

(Disclaimer: The above article is intended for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)