Sub-division of equity shares of Navkar Urbanstructure 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 BSE circular, 1 equity share of Navkar Urbanstructure Ltd. ( Scrip Code: 531494) will be sub-divided into 5 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division ratio | Record date | Ex-split date |
Navkar Urbanstructure Ltd. | NAVKAR | 1:5 | 24-Jun | 23-Jun |
Refer: BSE circular