Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Debaroti Adhikary

Smallcap company announces 1:10 stock split 7 days after listing on market

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.