Sub-division of equity shares of TPL Plastech 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 circular, 1 equity share of TPL Plastech Ltd. will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
TPL Plastech Ltd.TPLPLASTEH1:519-Oct19-Oct

Refer: NSE circular 

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