Waterways Leisure Tourism announces August 26 record date for split

Waterways Leisure Tourism is a company that runs ocean cruises in India.

The company decided to split each of its shares into ten smaller shares.

Splitting a share is like cutting one big slice of cake into ten smaller slices.

On August 12, the company's shareholders voted yes to the plan by sending in their votes by mail.

The company chose August 26 as the special "record date" to decide who gets the new smaller shares.

After the split, each share will be worth less, so more people may be able to afford to buy them.

The company's total value stays the same even though there are more shares now.

After the news was announced, the company's share price went up a little on the stock market.

The chairman said the split will make it easier for everyday investors to join in the company's growth.