Sub-division of equity shares of Focus Lighting & Fixtures 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 Focus Lighting & Fixtures Ltd. will be sub-divided into 5 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Focus Lighting & Fixtures Ltd. | FOCUS | 1:5 | 06-Oct | 06-Oct |
Refer: NSE Circular