Sub-division of equity shares of Sudev 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 BSE circular, 1 equity share of  (Scrip Code: 526530) will be sub-divided into 2 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Sudev Industries Ltd.IIRM1:211-Dec11- Dec

Refer: BSE Circular

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