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 Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Cochin Shipyard Ltd. | COCHINSHIP | 1:2 | 10-Jan | 10-Jan |
Refer: BSE Circular