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Varun Beverages goes for Stock Split
What is a stock split? Impact & benefits.
A thread 🧵⤵
#Stocksplit #varunbeverages
What is a stock split? Impact & benefits.
A thread 🧵⤵
#Stocksplit #varunbeverages
Varun Beverages got approval for a stock split on 2nd June via postal ballot.
VBL has a face value of Rs. 10, which will now be divided into a ratio of 1:2, making the face value Rs. 5.
Record date: 15th June 2023.
VBL has a face value of Rs. 10, which will now be divided into a ratio of 1:2, making the face value Rs. 5.
Record date: 15th June 2023.
This stock split will improve the liquidity of VBL
The company also wants to encourage small investors' participation.
The company also wants to encourage small investors' participation.
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