Jan 21, 2010
4:5
For every 5 shares held, investors received 4. The price per share adjusted from $13.26 to $16.57.
The split itself did not change the total investment value.
Kriti Industries (India) Ltd. (BSE:KRITI) operates in the Miscellaneous manufacturing industry.
Kriti Industries (India) Ltd. company overviewKriti Industries (India) Ltd.'s most recent stock split was on January 21, 2010. It was a 4-for-5 reverse split, so shareholders received 4 shares for every 5 they held.
Kriti Industries (India) Ltd. (BSE:KRITI) has split its stock 2 times: a 10-for-1 split on December 13, 2007 and a 4-for-5 reverse split on January 21, 2010.
Kriti Industries (India) Ltd. has split its stock 2 times. This history records 2 splits between December 13, 2007 and January 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 Kriti Industries (India) Ltd.'s 4-for-5 reverse split on January 21, 2010, every 5 shares became 4 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Kriti Industries (India) Ltd. has not announced a new split in our records. Its most recent split was on January 21, 2010, 16 years ago. Companies announce splits in advance, and any new BSE:KRITI split will appear on this page.
Already premium?