24:1 Bonus Issue, 1:5 Stock Split, Demerger: 3 Stocks to turn ex-date on Dec 5

24:1 Bonus Issue, 1:5 Stock Split, Demerger: Multiple listed companies will see key corporate actions take effect on Friday, December 5, as shares of Apis India, CAMS and Hindustan Unilever (HUL) turn ex-date for their respective bonus issue, stock split and demerger adjustment.
Apis India to turn ex-bonus
Apis India Ltd. will trade ex-bonus on Dec 5 after the company recommended a generous bonus issue in the ratio of 24:1. This means shareholders will receive 24 new fully paid-up equity shares for every existing share, subject to final shareholder approval. The company has fixed Dec 5 as the record date to determine eligible shareholders.
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CAMS shares to adjust for stock split
Computer Age Management Services (CAMS) has notified the exchanges that its approved stock split will also take effect on Dec 5. Under the split plan, every 1 equity share with a face value of Rs 10 will be subdivided into 5 equity shares with a face value of Rs 2 each. The move is aimed at improving liquidity and enhancing retail participation.
HUL to trade ex-demerger as ice-cream unit spins off
Shares of Hindustan Unilever Ltd. (HUL) will reflect the demerger of its ice-cream business—Kwality Wall’s (India) Ltd. (KWIL)—after a special pre-open session on Dec 5.
Shareholders whose names appear in the register on the record date will be eligible to receive free shares of the newly demerged ice-cream entity.
The demerger, approved by HUL shareholders in November 2024 and cleared by the NCLT on October 30, separates the business that houses brands such as Kwality Wall’s, Cornetto, and Magnum.
The ice-cream division contributes around 3 per cent to HUL’s annual turnover, or roughly Rs 1,800 crore.
HUL has set the share entitlement ratio at 1:1, meaning each HUL shareholder will receive one share of KWIL for every HUL share held as of Dec 5.