Sub-division of equity shares of Franklin 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 circular, 1 equity share of Franklin Industries Ltd. (Scrip Code: 540190) 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 | Ex-split Date |
Franklin Industries Ltd. | FRANKLININD | 1:10 | 11-Jan | 11-Jan |
Refer: BSE Circular