Nov 24, 2006
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $1.40 to $14.00.
The split itself did not change the total investment value.
Jaipan Industries Ltd. (BSE:JAIPAN) operates in the Electronics/Appliances industry.
Jaipan Industries Ltd. company overviewJaipan Industries Ltd.'s most recent stock split was on November 24, 2006. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Jaipan Industries Ltd. (BSE:JAIPAN) has split its stock 2 times: a 10-for-1 split on November 2, 2005 and a 1-for-10 reverse split on November 24, 2006.
Jaipan Industries Ltd. has split its stock 2 times. This history records 2 splits between November 2, 2005 and November 24, 2006.
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 Jaipan Industries Ltd.'s 1-for-10 reverse split on November 24, 2006, 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.
Jaipan Industries Ltd. has not announced a new split in our records. Its most recent split was on November 24, 2006, 19 years ago. Companies announce splits in advance, and any new BSE:JAIPAN split will appear on this page.
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