Bharat Rasayan sets record date for stock split and bonus issue
after close1 source ↓written by the desknot a recommendation
- as the record
- 12 Dec 2023
- date
- 1:2 stock split
- worth ₹4.15 crore
- 1:1 bonus issue
- being issued
- 83,10,536 equity shares
Bharat Rasayan Ltd has set 12 Dec 2023 as the record date for a 1:2 stock split and a 1:1 bonus issue worth ₹4.15 crore. This stock split will convert each ₹10 share into two ₹5 shares, enhancing liquidity. The bonus issue will involve up to 83,10,536 equity shares being issued for every existing share.
Not investment advice. For informational purposes only.