Sub-division of equity shares of Tips Industries Ltd.
A 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 Tips Industries Ltd. (Scrip Code: 532375) will be subdivided into 10 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Tips Industries Ltd. | TIPSINDLTD | 1:10 | 21-Apr | 21-Apr |
Refer: BSE circular