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July 08, 2022
Sub-division of equity shares of Steel Exchange India 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 Steel Exchange India Ltd. (Scrip Code: 534748) will be sub-divided into 10 equity shares. The key dates for the same are as follows:
| Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
| Steel Exchange India Ltd. | STEELXIND | 1:10 | 13-Jul | 12-Jul |
Refer: BSE circular | NSE circular
