Sub-division of equity shares of Ontic Finserv 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 Ontic Finserv Ltd. (Scrip Code: 540386) 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 |
Ontic Finserv Ltd. | ONTIC | 1:10 | 22-Jul | 21-Jul |
Refer: BSE circular