Nov 15, 2018
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.19 to $1.90.
The split itself did not change the total investment value.
Brijlaxmi Leasing & Finance Ltd. (BSE:BRIJLEAS) operates in the Finance/Rental/Leasing industry.
Brijlaxmi Leasing & Finance Ltd. company overviewBrijlaxmi Leasing & Finance Ltd.'s most recent stock split was on November 15, 2018. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Brijlaxmi Leasing & Finance Ltd. (BSE:BRIJLEAS) has split its stock 2 times: a 10-for-1 split on June 22, 2005 and a 1-for-10 reverse split on November 15, 2018.
Brijlaxmi Leasing & Finance Ltd. has split its stock 2 times. This history records 2 splits between June 22, 2005 and November 15, 2018.
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 Brijlaxmi Leasing & Finance Ltd.'s 1-for-10 reverse split on November 15, 2018, 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.
Brijlaxmi Leasing & Finance Ltd. has not announced a new split in our records. Its most recent split was on November 15, 2018, 7 years ago. Companies announce splits in advance, and any new BSE:BRIJLEAS split will appear on this page.
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