Sub-division of equity shares of Lorenzini Apparels 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 NSE circular, 1 equity share of Lorenzini Apparels Limited (Scrip Code: 540952) will be sub-divided into 10 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Lorenzini Apparels Limited | LAL | 1:10 | 28-Mar | 28-Mar |
Refer: NSE Circular