Sub-division of equity shares of Bharat Bijlee 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 BSE circular, 1 equity share of Bharat Bijlee Ltd. (Scrip Code: 503960) will be sub-divided into2 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Bharat Bijlee Ltd. | BBL | 1:2 | 24-Apr | 24-Apr |
Refer: NSE Circular