Sub-division of equity shares of Sera Investments & Finance India 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 Sera Investments & Finance India Ltd. (Scrip Code: 512399) 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 |
Sera Investments & Finance India Ltd. | SERA | 1:5 | 28-Apr | 28-Apr |
Refer: BSE circular