Sub-division of equity shares of Shanti Educational Initiatives 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 Shanti Educational Initiatives Ltd. (Scrip Code: 539921) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Shanti Educational Initiatives Ltd.SEIL1:1022-Jul21-Jul

Refer: BSE circular

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