Sub-division of equity shares of Shradha 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 circular, 1 equity share of Shradha Industries Ltd. (Scrip Code: 543976) 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|
|Shradha Industries Ltd.||SHRADHAIND||1:2||26-Sep||26-Sep|
Refer: BSE Circular