India, May 31 -- Bonus shares are additional shares issued by a company to its existing shareholders at no extra cost, based on their current holdings. These are typically issued from accumulated reserves and help improve stock liquidity while making the share price more affordable without changing overall shareholder value.

Two listed companies from the retail and financial services space have announced bonus share issues, drawing investor attention ahead of their respective record dates. One has declared a 1:2 bonus issue, while the other has announced a 1:1 bonus issue, both expected to increase the total number of outstanding shares and improve market participation in the near term. Here are the stocks that are set to give a bonus sh...