Sub-division of equity shares of Iris Clothings 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 Iris Clothings Ltd. will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Iris Clothings Ltd.IRISDOREME1:511-Aug11-Aug

Refer: NSE Circular

Share button