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 Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Vishnu Chemicals Ltd. | VISHNU | 1:5 | 13-Jan | 13-Jan |
Refer: BSE circular