Bharat Rasayan Ltd shares are ready for major corporate actions, with the stock turning ex-bonus and ex-stock split on Friday, December 12. Shares of Bharat Rasayan would turn ex-bonus in the 1:1 ratio, meaning investor would get one free share for every one share they hold. This is in addition to the scrip getting split from the existing face value of Rs 10 into to Rs 5 each. Advertisement

The sub-division would mean 41,55,268 existing shares of face value Rs 10 each would split into 83,10,536 shares of face value Rs 5 each. Post split, Bharat Rasayan will also issue 83,10,536 fresh shares of face value Rs 5 each, out of free reserves and capital redemption reserve of the company.

The deemed date of allotment of bonus shares would be Monday, December 15, and requisite documents for cr

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