Sub-division of equity shares of High Energy Batteries (India) 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 High Energy Batteries (India) Ltd. (Scrip Code: 504176) will be sub-divided into 5 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
High Energy Batteries (India) Ltd. | HIGHENE | 1:5 | 10-Aug | 08-Aug |
Refer: BSE circular