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March 15, 2023
Sub-division of equity shares of Medico Remedies Ltd.
A 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 Medico Remedies Ltd. (Scrip Code: 540937) 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 |
| Medico Remedies Ltd. | MEDICO | 1:5 | 16-Mar | 16-Mar |
Refer: BSE circular
