Dr Reddy’s Laboratories (RDY) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Dr. Reddy’s Laboratories Ltd. has announced that October 28, 2024, will be the record date for shareholders to be eligible for the subdivision or split of the company’s equity shares. Each existing equity share with a face value of Rs. 5 will be split into five new equity shares with a face value of Re. 1, as per the decision passed by company members through a Postal Ballot. The move is aimed at making the shares more accessible and increasing liquidity in the stock market.
For further insights into RDY stock, check out TipRanks’ Stock Analysis page.
