Sub-division of equity shares of Vishnu Chemicals  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 Vishnu Chemicals Ltd. (Scrip Code: 516072) will be subdivided into 5 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Vishnu Chemicals Ltd.VISHNU1:5    13-Jan    13-Jan

Refer: BSE circular

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