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