Sub-division of equity shares of Refex Industries 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 Refex Industries Ltd. (Scrip Code: 532884) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Refex Industries Ltd.REFEX1:522-Mar22-Mar

Refer: BSE Circular | NSE Circular 

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