Several companies are scheduled to trade ex-bonus and ex-split next week after announcing corporate actions aimed at improving liquidity and increasing retail participation.
The list includes Mini Diamonds India, Brigade Enterprises, String Metaverse, and Deepak Builders and Engineers India.
Here are the details:
Mini Diamonds India Ltd
- Market capitalisation: ₹164.98 crore
- Closing price: ₹14
- Corporate action: Bonus issue
- Bonus ratio: 1:1
- Record date: June 16, 2026
Under the issue, shareholders will receive one additional equity share of face value ₹2 for every one share held.
Illustration
- Existing shares: 10,000
- Bonus shares received: 10,000
- Total shares after issue: 20,000
About the company
Mini Diamonds India manufactures and exports cut and polished diamonds and jewellery. The Mumbai-based company serves international markets and operates within India’s diamond industry.
Brigade Enterprises Ltd
- Market capitalisation: ₹16,597.59 crore
- Closing price: ₹678.50
- Corporate action: Bonus issue
- Bonus ratio: 1:3
- Record date: June 17, 2026
Shareholders will receive one additional share of face value ₹10 for every three shares held.
Illustration
- Existing shares: 10,000
- Bonus shares received: 3,333
- Total shares after issue: 13,333
About the company
Bengaluru-based Brigade Enterprises develops residential, commercial, retail, hospitality and mixed-use projects across South India.
String Metaverse Ltd
- Market capitalisation: ₹1,208.57 crore
- Closing price: ₹10.38
- Corporate action: Bonus issue
- Bonus ratio: 2:9
- Record date: June 19, 2026
The company will issue two additional shares of face value Re 1 for every nine shares held.
Fractional entitlements will be settled in cash.
Illustration
- Existing shares: 10,000
- Bonus shares received: 2,222
- Total shares after issue: 12,222
About the company
String Metaverse provides blockchain, Web3 and AI-based digital solutions. The Hyderabad-headquartered company focuses on digital assets, tokenisation and gaming platforms.
Deepak Builders and Engineers India Ltd
- Market capitalisation: ₹375.77 crore
- Closing price: ₹80.67
- Corporate action: Stock split
- Split ratio: 1:10
- Record date: June 19, 2026
The company will split one equity share with a face value of ₹10 into ten shares with a face value of Re 1 each.
Illustration
- Existing shares: 10,000
- Shares after split: 1,00,000
The overall value of the investment remains unchanged.
About the company
Deepak Builders and Engineers India executes civil engineering and infrastructure projects across the country, including highways, bridges and institutional developments.
Corporate action calendar
| Company | Action | Ratio | Record Date |
|---|---|---|---|
| Mini Diamonds India | Bonus issue | 1:1 | June 16, 2026 |
| Brigade Enterprises | Bonus issue | 1:3 | June 17, 2026 |
| String Metaverse | Bonus issue | 2:9 | June 19, 2026 |
| Deepak Builders and Engineers India | Stock split | 1:10 | June 19, 2026 |
Why companies announce bonus issues and stock splits
These corporate actions do not change the total value of an investor’s holding. However, they can:
- Increase the number of shares available for trading.
- Improve stock liquidity.
- Make shares more affordable for retail investors.
- Broaden market participation.
TL;DR:
Mini Diamonds, Brigade Enterprises and String Metaverse will trade ex-bonus next week, while Deepak Builders and Engineers India will turn ex-split. Record dates fall between June 16 and June 19.
AI summary:
- Mini Diamonds has announced a 1:1 bonus issue.
- Brigade Enterprises will issue bonus shares in a 1:3 ratio.
- String Metaverse has declared a 2:9 bonus issue.
- Deepak Builders will split shares in a 1:10 ratio.
- Record dates are scheduled between June 16 and June 19.
