Sub-division and bonus issue of equity shares of Sarveshwar Foods 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 Sarveshwar Foods Ltd. (Scrip Code: 543688) will be subdivided into 10 equity shares. A bonus of 2 equity shares will also be issued for every 1 equity share held. 

The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Sarveshwar Foods Ltd.SARVESHWAR1:1016-Sep15-Sep

Refer: NSE circular | BSE Circular

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