Sub-division of equity shares of Jay Bharat Maruti 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, existing equity shares of Jay Bharat Maruti Ltd. (Scrip Code: 520066) of Rs. 5 will be sub-divided into equity shares of Rs. 2. The key dates for the same are as follows:

Company NameSymbolRecord DateEx-split Date
Jay Bharat Maruti Ltd.JAYBARMARU26-Oct26-Oct

Refer: BSE Circular 

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