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 NameSymbolSub-division RatioRecord DateEx-split Date
Shaily Engineering Plastics Ltd.SHAILY1:523-Nov23-Nov

Refer: BSE Circular | NSE Circular

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