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 Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
ION Exchange (India) Ltd. | IONEXCHANG | 1:10 | 12-Jun | 12-Jun |
Refer: NSE circular