Sub-division of equity shares of ION Exchange (India) 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 ION Exchange (India) Ltd. will be subdivided into 10 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
ION Exchange (India) Ltd.IONEXCHANG1:1012-Jun12-Jun

Refer: NSE circular

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