Sub-division and bonus Issue of equity shares of RAJNISH

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. 1 equity share of Rajnish Wellness Ltd. (Scrip Code: 541601) of Face Value of Rs. 10 will be sub-divided into 5 equity shares of Face value of Rs. 2 each.
  1. A bonus of 2 equity shares of Face value of Rs. 2 will be issued for every 1 equity share of Face value of Rs. 2 held. 

The key dates for the same are as follows:

Company NameSymbolRecord DateEx-bonus Basis From Date
Rajnish Wellness Ltd.RAJNISH          22-Jul21-Jul

Refer: BSE circular

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