Sub-division of equity shares of Jay Bharat Maruti 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, existing equity shares of Jay Bharat Maruti Ltd. (Scrip Code: 520066) of Rs. 5 will be sub-divided into equity shares of Rs. 2. The key dates for the same are as follows:
Company Name | Symbol | Record Date | Ex-split Date |
Jay Bharat Maruti Ltd. | JAYBARMARU | 26-Oct | 26-Oct |
Refer: BSE Circular