The record date for the Varun Shipping Stock Split has been announced. The Varun Shipping Stock Split Record Date has been fixed as July 10, 2008. Earlier last month Varun Industries had announced that shares of the company will undergo a split in the face value in the ratio of 10 :1 which means shareholders will get 10 shares of Varun industries of face value Rs. 1 each in lieu of every 1 share of face value Rs. 10 each that they hold in the company as on the record date for the stock split.