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 Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Refex Industries Ltd. | REFEX | 1:5 | 22-Mar | 22-Mar |
Refer: BSE Circular | NSE Circular