Sub-division and bonus Issue of equity shares of 360 One Wam Ltd.

Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.

A bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.

As per a recent BSE circular, 

  • 1 equity share of 360 One Wam Ltd. (Scrip Code: 542772) of Face Value of Rs. 2 each will be sub-divided into 2 equity shares of the Face value of Re. 1 each.
  • A bonus of 1 equity share of Face value of Re. 1 each will be issued for every 1 equity share of Face value of Re. 1 held. 
  • The key dates for the same are as follows:

    Company NameSymbolRecord DateEx-bonus Basis From Date
    360 One Wam Ltd.360ONE          02-Mar02-Mar

    Refer: BSE circular

    Share button