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August 23, 2022
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 Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
| Rama Steel Tubes Ltd. | RAMASTEEL | 1:5 | 26-Aug | 25-Aug |
Refer: BSE circular
