Sub-division of equity shares of Cochin Shipyard 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 Cochin Shipyard Ltd. (Scrip Code: 540678) will be sub-divided into 2 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Cochin Shipyard Ltd.COCHINSHIP1:210-Jan10-Jan

Refer: BSE Circular 

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