Shares of Tata Steel were up 5 per cent at Rs 100.45 on the BSE in Thursday’s intra-day trade after the stock turned ex-date for subdivision of shares in a ratio of 1:10 today.The company had fixed Friday, July 29, 2022 as the ‘Record Date’ for the purpose of determining the eligibility of shareholders for the purpose of sub-division /split of every one fully paid-up equity share having face value Rs 10 each in the share capital of the company, into ten fully paid-up equity shares having face value Re 1 each.The board of directors of Tata Steel on May 03, 2022 had approved a proposal of sub-division of the equity shares of the company having a face value of Rs 10 each to Re 1. The rationale behind the split is to enhance the liquidity in the capital market, to widen shareholder base and to