Sub-division of equity shares of Sudev Industries 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 (Scrip Code: 526530) will be sub-divided into 2 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Sudev Industries Ltd. | IIRM | 1:2 | 11-Dec | 11- Dec |
Refer: BSE Circular