What to watch. Jubilant FoodWorks, Emami to turn ex-bonus

Shares of Emami and Jubilant FoodWorks will turn ex-bonus on Thursday. Investors wishing to receive the bonus shares need to own the company by Wednesday. Both the companies are rewarding their shareholders with a 1:1 bonus issue. Emami shares will also turn ex-dividend on Thursday. The company had announced a dividend of ₹7 a share. Emami, in 2013, had declared one bonus share for every two held (1:2). Both these shares will remain in focus on Wednesday.