Sub-division of equity shares of Iris Clothings 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 Iris Clothings 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 |
Iris Clothings Ltd. | IRISDOREME | 1:5 | 11-Aug | 11-Aug |
Refer: NSE Circular