Sub-division of equity shares of Hi-Tech Pipes Ltd.

A 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 Hi-Tech Pipes Ltd. (Scrip Code: 543411) will be subdivided into 10 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Hi-Tech Pipes Ltd.HITECH1:1017-Mar17-Mar

Refer: BSE circular

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