East India Drums and Barrels Manufacturing Limited
BBSE:EASTINDIALatest Stock Split
Feb 28, 2024
1:25
For every 25 shares held, investors received 1.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Feb 28, 2024Before—Split ratio1:25After—Reverse
About East India Drums and Barrels Manufacturing Limited stock splits
East India Drums and Barrels Manufacturing Limited (BSE:EASTINDIA) operates in the Containers/Packaging industry.
East India Drums and Barrels Manufacturing Limited company overviewWhen did East India Drums and Barrels Manufacturing Limited stock split?
East India Drums and Barrels Manufacturing Limited's most recent stock split was on February 28, 2024. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
How many times has East India Drums and Barrels Manufacturing Limited stock split?
East India Drums and Barrels Manufacturing Limited has split its stock once. This history records one reverse split, on February 28, 2024.
What is a reverse stock split?
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 East India Drums and Barrels Manufacturing Limited's 1-for-25 reverse split on February 28, 2024, every 25 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.
Will East India Drums and Barrels Manufacturing Limited split its stock again?
East India Drums and Barrels Manufacturing Limited has not announced a new split in our records. Its most recent split was on February 28, 2024, 2 years ago. Companies announce splits in advance, and any new BSE:EASTINDIA split will appear on this page.