Sub-division of equity shares of Rama Steel Tubes 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 Rama Steel Tubes Ltd. (Scrip Code: 539309) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Rama Steel Tubes Ltd.RAMASTEEL1:526-Aug25-Aug

Refer: BSE circular 

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