CAMS Stock Split: Computer Age Management Services Ltd (CAMS), a leading capital market services company, will hold its board meeting today, October 10, to consider a proposal for a stock split or sub-division of equity shares.
First-ever stock split under consideration
According to the exchange filing, the company’s board will discuss the proposal to alter its share capital by sub-dividing the existing equity shares of Rs 10 each, fully paid-up, in a ratio that will be decided during the meeting. If approved, this will be the first-ever stock split by the company.
The proposed move will, however, be subject to shareholder approval and other necessary regulatory clearances. The company had announced the board meeting details in its filing dated October 1.
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