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 Akashdeep Metal Industries Ltd. (Scrip Code: 538778) 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 |
| Akashdeep Metal Industries Ltd. | AKASHDEEP | 1:5 | 23-Feb | 23-Feb |
Refer: BSE circular
