Sub-division of equity shares of Hindcon 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 Hindcon Chemicals 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 |
Hindcon Chemicals Ltd. | HINDCON | 1:5 | 10-Nov | 10-Nov |
Refer: NSE Circular