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 Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Lancer Container Lines Limited | LANCER | 1:2 | 16-Dec | 16-Dec |
Refer: BSE Circular