Stock Split

You will receive the Stock Split shares in 3-4 trading days after the record date.
In case you do not receive the same post 5 days from the Record date you can check the status with the Registrar (RTA).
You can find the details of the Registrar on the BSE India website by visiting the Corp Information section.

Stock split is a corporate action in which a company issues more shares to its existing shareholders by reducing the face value of each share as predecided.

It is an action taken by a company where they reduce the number of outstanding shares by combining the shares as well as increasing the face value. It is also known as a reverse stock split.

The record date is the date on which the company checks its records to identify the eligible shareholders for a stock split. Please note that the record date and ex-date are the same.

Ex- split date is the date on which the stock starts trading at the new adjusted split price.