Sub-division of equity shares of Akshar Spintex Ltd.
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.
As per a recent circular, 1 equity share of Akshar Spintex Ltd. (Scrip Code: 541303) will be sub-divided into 10 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Akshar Spintex Ltd. | AKSHAR | 1:10 | 31-Jul | 31-Jul |
Refer: NSE circular | BSE Circular