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July 27, 2023
Sub-division and bonus issue of equity shares of Maan Aluminium Ltd.
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.
A 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.
Per a recent circular, 1 equity share of Maan Aluminium Ltd. (Scrip Code: 532906) will be subdivided into 2 equity shares. A bonus of 1 equity share will also be issued for every 1 equity share held.
The key dates for the same are as follows:
| Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
| Maan Aluminium Ltd. | MAANALU | 1:2 | 27-Jul | 27-Jul |
Refer: NSE circular | BSE Circular
