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March 18, 2024
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 Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
| Tine Agro Ltd. | TINEAGRO | 1:10 | 18-Mar | 18-Mar |
Refer: BSE Circular
