List of Companies Issuing Bonus Shares in India: Latest Bonus & Stock Split Updates

Summary

Indian companies frequently reward investors with free bonus shares and stock splits, increasing the number of shares held without extra cost. Long‑term investors who track announcements through exchange websites and financial portals can benefit from compounding as fundamentally strong firms with a history of generous bonuses expand their equity base.

Introduction

Many Indian investors search for a reliable bonus shares list because bonus issues and stock splits can make quality stocks more affordable and improve liquidity. However, these corporate actions reflect company policy, not a shortcut to quick profits. Understanding why, how, and when companies issue bonuses or splits helps investors select strong businesses rather than blindly chasing headline announcements.

What are Bonus Shares and How Do They Work?

Bonus shares are additional equity shares issued free of cost to existing shareholders, usually in proportions such as 1:1, 2:1, or 3:1. The company capitalizes its free reserves or share premium and converts them into share capital, increasing the number of shares while keeping total shareholder wealth broadly unchanged on the announcement date.

For example, in a 1:1 issue, an investor holding 100 shares receives 100 extra shares, doubling the holding to 200. At the same time, the market price typically adjusts roughly in half, so the overall value stays roughly the same. The impact of bonus issues on share prices is often interpreted as a sign of management confidence and accumulated profits, but the true benefit depends on future earnings growth and the company’s fundamental strength.

What is a Stock Split and Why Do Companies Announce It?

A stock split is a corporate action where the company divides each existing share into multiple shares by reducing the face value; for instance, from 10 to 5 or 2. In a 1:5 split, each old share is split into 5 new shares, multiplying the share count by 5, but the company’s market capitalization remains roughly the same.

Companies usually announce splits to make their shares appear more affordable to retail investors, improve trading liquidity, and align the market price with peers or index weights. Unlike a bonus, a stock split does not use reserves; rather, it changes the denomination of capital. Both a share split and a bonus increase the number of shares and reduce the per‑share price, which may psychologically attract more buyers.

Top 10 Bonus Share-Giving Indian Companies

Some Indian companies are widely known for a long history of generous, recurring bonus issues, often accompanied by strong operating performance. The names and counts below are based on historical bonus data compiled from exchange records and secondary analyses and may evolve with future corporate actions.

Companies with Strong Bonus History

​These represent the top 10 bonus share-giving Indian companies historically; investors should still evaluate current valuations, earnings momentum, and sector conditions before investing.

Companies known for consistent bonus issues

• Information technology and FMCG majors such as Wipro, Infosys, ITC, and Colgate have repeatedly announced bonuses for several decades.
• Engineering and capital‑goods leaders such as L&T and select auto‑component firms have also used bonus issues to reward shareholders as profits grew.

How to Check Which Company Gives Bonus Shares?

Tracking which company gives bonus shares or splits is easier today thanks to multiple digital resources.

Ways to track bonus & split announcements

• Corporate‑action calendars on broker platforms and research portals display detailed bonus issue stock split data, including ratios, record dates, and ex‑dates.
• Exchange‑run tools present an integrated split share list and bonus history for each company, often available under the “Corporate Actions” or “Announcements” sections.

Using the BSE and NSE websites

• On BSE, investors can access the BSE bonus share list from the Corporate Action menu and filter by date, company, or action type.
• NSE’s corporate announcements section similarly lists bonus, rights, dividends, and splits, and allows downloads of historical data as spreadsheets for further analysis.

Company filings and investor presentations

• Every bonus or stock split must be disclosed through stock‑exchange filings and Board meeting outcomes, and is usually also uploaded to the investor‑relations section of company websites.
• Investor presentations and annual reports frequently summarise past corporate actions and explain the rationale behind capital‑structure changes, helping investors judge management intent and capital‑allocation discipline.

Stock market apps and financial portals

• Many broker and research apps let users set alerts for upcoming bonuses and splits based on watchlists or sectors.
• Popular portals like Jainam host a dedicated page for corporate actions, which acts as a consolidated bonus shares list for active investors.

Latest Bonus Shares Announcement and Recent Bonus Issues in India

A number of companies have recently announced bonus issues with varying ratios across sectors, including industrials, banks, and mid‑cap manufacturing.

Recent bonus issue examples

Investors can cross‑verify such recent bonus issue announcements through corporate‑action pages and company filings on the exchanges.

Overview of bonus lists & upcoming actions

• Aggregator pages on brokers provide a rolling bonus shares list and highlight ratios, record dates, and sectors for both past and upcoming announcements.
• Moneycontrol maintains combined pages for both bonus and splits, functioning as a reference bonus announced shares and splits calendar across all listed stocks.

Key dates investors should track

Understanding the timeline is crucial:

• Board approval date – when the company’s Board recommends the bonus or split.
• Record date – the cut‑off date for determining eligible shareholders; investors must hold shares in demat by this date to be entitled.
• Ex‑bonus / ex‑split date – usually one or two trading days before the record date; from this day, the stock trades without entitlement, and prices adjust for the corporate action.
• Credit date/listing of new shares – when the additional shares or split shares actually appear in demat accounts and become tradeable.

Being clear about these dates helps investors decide when to buy or sell around corporate actions and avoid confusion about entitlements.

Conclusion

Bonus issues and stock splits are powerful but misunderstood tools that adjust a company’s capital structure without altering underlying business value in the short term. Well‑managed Indian companies have historically used these actions alongside growing earnings and dividends to expand their shareholder base and create long‑term wealth.

For investors, the real opportunity lies not in chasing headlines about upcoming bonuses and splits, but in identifying fundamentally strong businesses with sound capital‑allocation track records. By consistently tracking exchange announcements, analyzing financials, and understanding the difference between a bonus and a split, investors can use these events as catalysts within a disciplined, long‑term equity strategy rather than speculative trades.

Key Highlights

• Bonus shares are free additional shares issued to existing shareholders in a fixed ratio, funded by a company’s reserves instead of cash payouts.
• A share split and a bonus both increase outstanding shares and lower the per‑share price, but only a split changes the face value of the stock.
• Some Indian blue‑chip and mid‑cap firms have created large long‑term wealth by repeatedly issuing bonus shares alongside dividend growth.
• Investors can track bonus-announced shares and splits using exchange websites, corporate filings, and dedicated corporate‑action pages on financial portals.