Sub-division of equity shares of Latteys Industries 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 Latteys Industries Ltd. will be subdivided into 5 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Latteys Industries Ltd. | LATTEYS | 1:5 | 10-Feb | 10-Feb |
Refer: NSE circular