Shares of Usha Financial Services, a small-cap stock trading below ₹50, surged 8% in intraday trading on Tuesday, August 19, as the stock went ex-bonus in a 1:1 ratio.
The stock opened at ₹47.55, above its adjusted price of ₹45.90, and reached a high of ₹49.70 during the session, marking significant intraday gains.
Bonus Record Date and Allotment
The NSE SME-listed company had announced August 19, 2025, as the record date for determining shareholders eligible for the bonus shares. Investors holding shares on this date will receive one additional share for every share held. The bonus shares are set to be allotted on Wednesday, August 20, and will be listed on the exchanges on Thursday, August 21.
Debenture Issue Approval
In addition to the bonus, Usha Financial Services’ board approved the issuance of non-convertible debentures (NCDs) on a private placement basis and appointed a Debenture Trustee for the issue.
Share Price Trend
Since listing on the NSE SME platform in October 2024, the stock has faced a 37% decline. However, recent performance appears positive, with the stock gaining 16% in six months, 18% in three months, and 5% in the past month.
Disclaimer: This article is for informational purposes only and should not be considered as financial advice. Investors should consult certified financial advisors before making any investment decisions.
