Sub-division of equity shares of Avance Technologies 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 Avance Technologies Ltd. (Scrip Code: 512149) will be sub-divided into 5 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Avance Technologies Ltd. | AVANCE | 1:5 | 10-Nov | 10-Nov |
Refer: BSE Circular