Sub-division of equity shares of Shaily Engineering Plastics 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 Shaily Engineering Plastics Ltd. (Scrip Code: 501423) 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 |
Shaily Engineering Plastics Ltd. | SHAILY | 1:5 | 23-Nov | 23-Nov |
Refer: BSE Circular | NSE Circular