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Important

Two Companies to Give Free Shares to Shareholders

Takendra Verma
Last updated: 23/03/2026 2:36 PM
Takendra Verma
Published: 23/03/2026
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Next week, several companies will offer bonus shares to their investors. Bonus shares are free shares given by a company to its existing shareholders. Investors do not have to pay anything extra for these shares.

Contents
Details of the Companies Offering Bonus SharesWhat This Means for InvestorsImportant Points to Remember

This increases the total number of shares an investor holds, but the overall value of their investment remains the same. This time, companies from the pharmaceutical and energy sectors are included in the list.

Details of the Companies Offering Bonus Shares

First, let’s look at Kilitch Drugs India Ltd.

The company’s ex-date is March 24, 2026, and its record date is also March 24, 2026. It has announced bonus shares in a 1:1 ratio.

This means investors will receive one new share for every share they already own. For example, if an investor has 100 shares, they will get 100 additional shares.

Next is Times Green Energy (India) Ltd.

This company also has its ex-date on March 24, 2026, and the record date is the same day. It is offering bonus shares in a 1:1 ratio as well, meaning investors will receive shares equal to their current holdings.

What This Means for Investors

According to market experts, companies usually issue bonus shares when they want to share profits with investors without giving cash dividends.

Instead, they reward shareholders with extra shares. This also helps improve the company’s presence in the market and increases the trading activity (liquidity) of its shares.

However, investors should understand that after bonus shares are issued, the share price is adjusted accordingly. So, while the number of shares increases, the total value of the investment stays the same.

This can make the shares more affordable and attractive, especially for small investors.

Important Points to Remember

Overall, both companies will provide extra benefits to their investors next week through bonus shares.

Only those investors who hold shares before the ex-date will be eligible for the bonus. Therefore, it is important to keep the ex-date and record date in mind before making any investment decisions.

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