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Tata Steel jumps 5% after turning ex-date for 1:10 stock split

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 from Rs 10 to Re 1.

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Photo: iStock

SI Reporter Mumbai
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

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