Jul 10, 2006
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Baroda Rayon Corp Ltd (BSE:BARODARY) operates in the Textiles industry.
Baroda Rayon Corp Ltd company overviewBaroda Rayon Corp Ltd's most recent stock split was on July 10, 2006. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Baroda Rayon Corp Ltd (BSE:BARODARY) has split its stock 3 times: a 3-for-2 split on October 30, 1990, a 180-for-17 split on February 17, 1997, and a 1-for-10 reverse split on July 10, 2006.
Baroda Rayon Corp Ltd has split its stock 3 times. This history records 3 splits between October 30, 1990 and July 10, 2006.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Baroda Rayon Corp Ltd's 1-for-10 reverse split on July 10, 2006, every 10 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Baroda Rayon Corp Ltd has not announced a new split in our records. Its most recent split was on July 10, 2006, 20 years ago. Companies announce splits in advance, and any new BSE:BARODARY split will appear on this page.
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