2 Stocks with Upcoming Bonus and Stock Split in November 2025

Bonus issues and stock splits are two important corporate actions that affect the number of shares an investor holds and the stock price, but they serve different purposes and have distinct mechanisms.

A bonus issue is when a company rewards its existing shareholders by issuing extra shares free of cost, based on the shares they already own.

A stock split, meanwhile, involves dividing the existing shares into a larger number of shares by reducing the face value proportionally (e.g., a 1:5 stock split will split one share into five shares).

Let's look at two companies, one that has announced a stock split and the other that has announced a bonus. Both their book closures are scheduled for November 2025.

#1 HDFC Asset Management Company (HDFC AMC)

HDFC Asset Management Company is one of India's leading mutual fund managers. The company provides asset management services primarily for HDFC Mutual Fund along with alternative investment funds and portfolio management and advisory services.

HDFC AMC Bonus Issue Details

HDFC AMC has announced a 1:1 bonus issue, meaning shareholders will receive one additional share for every share they hold.

The ex-date for this bonus issue is set for 26 November 2025. Shareholders on record by this date will be eligible for the bonus shares.

This is the first-ever bonus issue announced by HDFC AMC since its listing in 2018.

Financial Snapshot of HDFC AMC Performance in Q2 FY26

Source: Equitymaster

On the financial front, the company did well reporting a surge in net sales from Rs 8.872 m in Q2 FY25 to Rs 10,274 m in Q2 FY26.

Profit after tax was Rs 7,184 m from Rs 5,766 m, surging 24.6% YoY. However, it was down 3.9% QoQ.

Moving ahead, the increasing number of mutual fund investors in India significantly boosts the prospects of HDFC AMC.

This growing investor base translates directly into higher assets under management (AUM), which has seen a 14% YoY increase reaching Rs 8,810 bn in Q2 FY26.

As India's largest and one of the most trusted mutual fund companies, HDFC AMC benefits from the growing retail investor base expanding mutual fund investments.

#2 Unison Metals

Unison Metals manufactures hot & cold rolled stainless steel sheets, and stainless steel patta for wide range of industrial applications.

Unison Metals Stock Split Details

Source: Equitymaster

Unison Metals has approved a stock split where each equity share of face value Rs 10 will be split into 10 equity shares of face value Re 1 each. This means that for every existing share, shareholders will receive ten new shares.

Financial Snapshot of Unison Metals in Q1 FY26

Source: Equitymaster

On the financial front, the company saw net sales soaring to Rs 1,375 m in Q1 FY26, from Rs 544 m YoY. However, net profits dipped to Rs 10 m from Rs 13 m YoY.

The upcoming stock split in November 2025 is likely aimed at improving liquidity and market accessibility. However, investors should check the company's fundamentals.

Should You Consider Companies Issuing Stock Splits and Bonus Shares?

Bonus issues and stock splits are corporate actions that increase the number of shares held by shareholders, but they don't change the fundamental value or long-term health of a company. They mainly affect share liquidity and affordability, making stocks appear more accessible to investors.

What truly matters in assessing a company are its fundamentals, which include financial health metrics like revenue, earnings, debt levels, and cash flow; its industry position and competitive advantages; the management quality; and future growth potential.

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Investors should evaluate the company's fundamentals, corporate governance, and valuations of the stock as key factors when conducting due diligence before making investment decisions.

Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. Learn more about our recommendation services here...