Nov 10, 2016
5:1
For every share held, investors received 5. The price per share adjusted from $271.35 to $54.27.
The split itself did not change the total investment value.
Inani Marbles & Industries Ltd. (BSE:INANI) operates in the Construction materials industry.
Inani Marbles & Industries Ltd. company overviewInani Marbles & Industries Ltd.'s most recent stock split was on November 10, 2016. It was a 5-for-1 forward split, so shareholders received 5 shares for every share they held.
Inani Marbles & Industries Ltd. has split its stock once. This history records one forward split, on November 10, 2016.
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 Inani Marbles & Industries Ltd.'s 5-for-1 split on November 10, 2016, every share became 5 shares.
Inani Marbles & Industries Ltd. has not announced a new split in our records. Its most recent split was on November 10, 2016, 9 years ago. Companies announce splits in advance, and any new BSE:INANI split will appear on this page.
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