Sub-division of equity shares of Servotech Power Systems 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 circular, 1 equity share of Servotech Power Systems Ltd. will be sub-divided into 2 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Servotech Power Systems Ltd. | SERVOTECH | 1:2 | 28-Jul | 28-Jul |
Refer: NSE circular