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March 07, 2024
Sub-division of equity shares of Sunshine Capital 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 Sunshine Capital Ltd. (Scrip Code: 539574) will be sub-divided into 10 equity shares. Also, 7 bonus equity shares will be issued for every 1 share held. The key dates for the same are as follows:
| Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
| Sunshine Capital Ltd. | SCL | 1:10 | 08-Mar | 07-Mar |
Refer: BSE Circular
