Waterways Leisure Tourism, the operator of the Cordelia Cruises brand, on Friday announced a stock split in the ratio of 1:10 just seven trading sessions after the shares of the company made their market debut on July 1.
The company announced that its board of directors during its meeting today approved the plan to split each of its equity shares with a face value of Rs 10 each to 10 shares with a face value of Rs 1 each, subject to shareholders’ approval.