Apr 21, 2010
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
Kirloskar Industries Limited (BSE:KIRLOSIND) operates in the Steel industry.
Kirloskar Industries Limited company overviewKirloskar Industries Limited's most recent stock split was on April 21, 2010. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Kirloskar Industries Limited (BSE:KIRLOSIND) has split its stock 3 times: a 5-for-1 split on August 10, 2005, a 2-for-1 split on October 25, 2007, and a 1-for-20 reverse split on April 21, 2010.
Kirloskar Industries Limited has split its stock 3 times. This history records 3 splits between August 10, 2005 and April 21, 2010.
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 Kirloskar Industries Limited's 1-for-20 reverse split on April 21, 2010, every 20 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.
Kirloskar Industries Limited has not announced a new split in our records. Its most recent split was on April 21, 2010, 16 years ago. Companies announce splits in advance, and any new BSE:KIRLOSIND split will appear on this page.
Already premium?