Sub-division of equity shares of AKI India Ltd.
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 AKI India Ltd. (Scrip Code: 542020) will be subdivided into 5 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
AKI India Ltd. | AKI | 1:5 | 22-Jun | 22-Jun |
Refer: BSE circular | NSE circular