May 17, 2012
15:2
For every 2 shares held, investors received 15. The price per share adjusted from $442.05 to $58.94.
The split itself did not change the total investment value.
Indoco Remedies Limited (BSE:INDOCO) operates in the Pharmaceuticals: major industry.
Indoco Remedies Limited company overviewIndoco Remedies Limited's most recent stock split was on May 17, 2012. It was a 15-for-2 forward split, so shareholders received 15 shares for every 2 they held.
Indoco Remedies Limited has split its stock once. This history records one forward split, on May 17, 2012.
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 Indoco Remedies Limited's 15-for-2 split on May 17, 2012, every 2 shares became 15 shares.
Indoco Remedies Limited has not announced a new split in our records. Its most recent split was on May 17, 2012, 14 years ago. Companies announce splits in advance, and any new BSE:INDOCO split will appear on this page.
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