Shares of MM Forgings will turn ex-bonus on Wednesday. The company is rewarding its shareholders with a 1:1 bonus issue. Shareholders whose name appear on the company's record book as on July 19 are eligible to receive the bonus shares. That means, investors who wish to receive the bonus shares, need to own MM Forgings shares by Tuesday. Earlier, in 2008 too, MM Forgings had rewarded its shareholders with a 1:1 bonus issue.