Bonus Issues in Focus This Week

Key Corporate Actions • Cupid Limited announced a 4:1 bonus issue – Record Date: March 9, 2026 – Allotment Date: March 10, 2026 • Frontier Springs announced a 2:1 bonus issue – Revised Record Date: March 13, 2026 – Trading in bonus shares begins March 17 • Macfos also has a record date falling this week as part of the broader corporate action window between March 9–13 What Investors Should Know • Bonus shares are issued free of cost from company reserves • Shareholding quantity increases while the overall investment value remains unchanged initially • Such announcements often increase short-term liquidity and trading activity Learning Outcome To receive bonus shares, investors must hold the stock before the record date. Purchasing shares on or after the ex-date does not qualify for the bonus entitlement.