Sub-division and bonus Issue of equity shares of GALACTICO

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, 1 equity share of Galactico Corporate Services Ltd. (Scrip Code: 542802) will be sub-divided into 10 equity shares and a bonus of 3 equity shares will be issued for every 10 equity shares held. The key dates for the same are as follows:

Name of Company Symbol Record date Ex-bonus Basis From date
Galactico Corporate Services Ltd. GALACTICO 17-Jun 16-Jun

Refer: BSE circular

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