Sep 29, 2017
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $1.50 to $15.00.
The split itself did not change the total investment value.
Everlon Financials Limited (BSE:EVERFIN) operates in the Textiles industry.
Everlon Financials Limited company overviewEverlon Financials Limited's most recent stock split was on September 29, 2017. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Everlon Financials Limited (BSE:EVERFIN) has split its stock 3 times: a 6-for-1 split on November 20, 2012, a 299-for-226 split on September 7, 2015, and a 1-for-10 reverse split on September 29, 2017.
Everlon Financials Limited has split its stock 3 times. This history records 3 splits between November 20, 2012 and September 29, 2017.
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 Everlon Financials Limited's 1-for-10 reverse split on September 29, 2017, 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.
Everlon Financials Limited has not announced a new split in our records. Its most recent split was on September 29, 2017, 9 years ago. Companies announce splits in advance, and any new BSE:EVERFIN split will appear on this page.
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