Sub-division of equity shares of Lancer Container Lines Limited

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 Lancer Container Lines Limited. (Scrip Code: 539841) will be sub-divided into 2 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Lancer Container Lines LimitedLANCER1:216-Dec16-Dec

Refer: BSE Circular

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