Sub-division and bonus issue of equity shares of Tine Agro 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 Tine Agro Ltd. (Scrip Code: 531205) will be subdivided into 10 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 NameSymbolSub-division RatioRecord DateEx-split Date
Tine Agro Ltd.TINEAGRO1:1018-Mar18-Mar

Refer: BSE Circular

Share button