Sub-division of equity shares of Steel Exchange India 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 Steel Exchange India Ltd. (Scrip Code: 534748) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Steel Exchange India Ltd.STEELXIND1:1013-Jul12-Jul

Refer: BSE circular | NSE circular

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