Sub-division of equity shares of Alfavision Overseas (India) 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 BSE circular, 1 equity share of Alfavision Overseas (India) Ltd. (Scrip Code: 531156) 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 |
Alfavision Overseas (India) Ltd. | ALFAVIO | 1:10 | 29-Aug | 29-Aug |
Refer: BSE circular