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 NameSymbolSub-division RatioRecord DateEx-split Date
Sunshine Capital Ltd.SCL1:1008-Mar07-Mar

Refer: BSE Circular 

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