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ICICI Direct Report
Shares of Sagar Cements Ltd. have been split on August 17, 2021 (ex-date) pursuant to the board and shareholder approval granted for sub-division of shares in its meetings on July 1, 2021 and July 28, 2021, respectively.
The record date for the same has been fixed as August 18, 2021.
Subsequently, the shares of Sagar Cements have been split in the 1:5 ratio - an equity share with existing face of Rs 10 has been subdivided into five equity shares of Rs 2 face each.
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