Bheema Cements Ltd approves stock split

The Board of directors of Bheema Cements Limited has considered the proposal for sub-division of 1 equity share of the Company having face value of Rs. 10/- each into 10 (Ten) equity shares having face value of Rs. 1/- each, subject to regulatory / statutory approvals as may be required and the approval of the shareholders of the Company.

The rationale behind stock split is to enhance the liquidity in the capital market, to widen shareholder base and to make the shares more affordable to small investors.

Source : Equity Bulls

Keywords

BheemaCements StockSplit SubDivision 10For1