Split21 Apr 2026, 12:21 pm
Avro India sets May 5, 2026, as record date for 1:10 stock split
AI Summary
Avro India Ltd's Board of Directors has fixed Tuesday, May 05, 2026, as the record date for the sub-division of its equity shares. Each existing equity share with a face value of ₹10 will be split into ten equity shares, each with a face value of ₹1. This corporate action is intended to enhance the liquidity of the company's shares and make them more affordable for a broader base of investors.
Key Highlights
- Avro India announces a 1:10 stock split.
- Record date for the equity share sub-division is May 05, 2026.
- Each ₹10 face value share will be split into ten ₹1 shares.
- The split aims to improve share liquidity and accessibility.