Oct 06, 2023
3:5
For every 5 shares held, investors received 3. The price per share adjusted from $332.35 to $553.92.
The split itself did not change the total investment value.
Jasch Industries Limited (BSE:JASCH) operates in the Textiles industry.
Jasch Industries Limited company overviewJasch Industries Limited's most recent stock split was on October 6, 2023. It was a 3-for-5 reverse split, so shareholders received 3 shares for every 5 they held.
Jasch Industries Limited has split its stock once. This history records one reverse split, on October 6, 2023.
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 Jasch Industries Limited's 3-for-5 reverse split on October 6, 2023, every 5 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Jasch Industries Limited has not announced a new split in our records. Its most recent split was on October 6, 2023, 3 years ago. Companies announce splits in advance, and any new BSE:JASCH split will appear on this page.
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