Sub-division of equity shares of Ashnisha Industries 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 Ashnisha Industries Ltd. ( Scrip Code: 541702) 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
Ashnisha Industries Ltd. ASHNI 1:10 23-Jun

Ashnisha Industries Ltd. comes under T+1 settlement.

Refer: BSE circular

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