Sub-division of equity shares of Varun Beverages 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.

Per a recent circular, 1 equity share of Varun Beverages Ltd. (Scrip Code: 540180) will be subdivided into 2 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Varun Beverages Ltd.VBL1:215-Jun15-Jun

Refer: BSE circular

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