Sub-division of equity shares of Indian Link Chain Manufacturers 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 Indian Link Chain Manufacturers Ltd. (Scrip Code: 504746) 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 |
Indian Link Chain Manufacturers Ltd. | INLCM | 1:10 | 03-Jan | 03-Jan |
Refer: BSE Circular