Sub-division and bonus Issue of equity shares of ALSTONE
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.
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,
The key dates for the same are as follows:
|Company Name||Symbol||Record Date||Ex-bonus Basis From Date|
|Alstone Textiles (India) Ltd.||ALSTONE||14-Dec||14-Dec|
Refer: BSE circular