About the company
Divine Hira Jewellers Ltd is an Indian jewellery company incorporated in July 2022, headquartered in Mumbai. The company is engaged in the designing, manufacturing, and wholesale distribution of jewellery — primarily 22-karat gold jewellery — serving wholesalers, showrooms, and retailers across India. Its product range includes necklaces, mangalsutras, chains, rings, pendants, bangles, and gold coins, along with silver articles and bullion.
Corporate action details
| Detail | Info |
|---|---|
| Company | Divine Hira Jewellers Ltd |
| Corporate action | Bonus share issue |
| Bonus ratio | 2:1 |
| Announcement date | 24th June 2026 |
| Ex-bonus date | 2nd July 2026 |
| Record date | 2nd July 2026 |
| Deemed date of allotment | 3rd July 2026 |
Important: To be eligible for the bonus shares, you must hold shares of Divine Hira Jewellers Ltd in your demat account on or before 1st July 2026. Shares bought on or after 2nd July 2026 will NOT be eligible for the bonus.
Understanding the 2:1 bonus issue — a simple example
| Particulars | Before Bonus | After Bonus |
|---|---|---|
| Shares held | 100 | 100 |
| Bonus shares received | — | +200 (free) |
| Total shares | 100 | 300 |
| Portfolio value | ₹9,000 | ₹9,000 |
What happens to the share price?
After a bonus issue, the share price typically adjusts downward on the ex-bonus date to reflect the higher number of shares in circulation. Your total investment value stays the same on that day — but you now hold 3x more shares, which gives your portfolio more room to grow as the company expands.
| Particulars | Value |
|---|---|
| Pre-bonus price (assumed) | ₹90 |
| Adjusted price after 2:1 bonus | ₹30 (approx.) |
| Shares before bonus | 100 |
| Shares after bonus | 300 |
| Portfolio value — before & after | ₹9,000 |
Why do companies issue bonus shares?
→ Rewards existing shareholders without a cash outflow for the company
→ Signals management’s confidence in future earnings potential
→ Improves stock liquidity by increasing the number of shares in the market
→ A lower post-bonus price can attract more retail investors
→ Helps capitalise the company’s accumulated reserves
Summary
Divine Hira Jewellers Ltd has announced a 2:1 bonus share issue with a record date of 2nd July 2026 and an allotment date of 3rd July 2026. Eligible shareholders will receive 2 free bonus shares for every 1 share held. Make sure you hold the shares before 2nd July 2026 to qualify.
Drop your questions in the comments, we’re here to simplify corporate actions for you.
Happy investing!
Team 5paisa