Sep 24, 2020
2:1
For every share held, investors received 2. The price per share adjusted from $244.80 to $122.40.
The split itself did not change the total investment value.
ELGI Equipments Limited (BSE:ELGIEQUIP) operates in the Industrial machinery industry.
ELGI Equipments Limited company overviewELGI Equipments Limited's most recent stock split was on September 24, 2020. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
ELGI Equipments Limited (BSE:ELGIEQUIP) has split its stock 3 times: a 20-for-1 split on July 31, 2000, a 2-for-1 split on December 14, 2010, and a 2-for-1 split on September 24, 2020.
ELGI Equipments Limited has split its stock 3 times. This history records 3 forward splits between July 31, 2000 and September 24, 2020.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In ELGI Equipments Limited's 2-for-1 split on September 24, 2020, every share became 2 shares.
ELGI Equipments Limited has not announced a new split in our records. Its most recent split was on September 24, 2020, 6 years ago. Companies announce splits in advance, and any new BSE:ELGIEQUIP split will appear on this page.
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