Days after listing, Waterways Leisure Tourism approves stock split, check ratio and other details | Markets
Mumbai: Shares of Cordelia Cruises operator Waterways Leisure Tourism are in focus after the company approved a proposal for the subdivision of its stock. The sub-division is aimed at enhancing the liquidity of its shares, making it more affordable for retail investors. However, it is subject to shareholder approval, and the company will announce the record date for determining the eligibility of shareholders after obtaining necessary approvals. According to the information shared with the exchanges, the company expects to complete the entire process within three months from the date of approval, subject to any required regulatory clearances.ย Stock split ratio…