The board has fixed September 30, 2020 as the 'record date' for sub-division of equity shares of the company from existing face value of Rs 10 each to face value of Rs 2 each
Stock split is a process, in which the company divides its existing shares into multiple shares to boost the liquidity of the shares
Though a split makes the stock more affordable for the investors, experts say investors should also look at the company's fundamentals before investing
Of the 11 companies that did splits during FY16, seven underperformed the market