Sub-division of equity shares of Radhika Jeweltech 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 Radhika Jeweltech 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 |
Radhika Jeweltech Ltd. | RADHIKAJWE | 1:5 | 26-May | 26-May |
Refer: NSE circular