Sub-division of equity shares of Axita Cotton 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 Axita Cotton Ltd. will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Axita Cotton Ltd.AXITA1:1021-Oct21-Oct

Refer: NSE circular

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