Dec 06, 2024
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $2.45 to $24.50.
The split itself did not change the total investment value.
Mahan Industries Limited (BSE:MAHANIN) operates in the Financial conglomerates industry.
Mahan Industries Limited company overviewMahan Industries Limited's most recent stock split was on December 6, 2024. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Mahan Industries Limited (BSE:MAHANIN) has split its stock 3 times: a 10-for-1 split on January 15, 2010, a 1-for-10 reverse split on March 9, 2012, and a 1-for-10 reverse split on December 6, 2024.
Mahan Industries Limited has split its stock 3 times. This history records 3 splits between January 15, 2010 and December 6, 2024.
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 Mahan Industries Limited's 1-for-10 reverse split on December 6, 2024, 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.
Mahan Industries Limited has not announced a new split in our records. Its most recent split was on December 6, 2024, 1 year ago. Companies announce splits in advance, and any new BSE:MAHANIN split will appear on this page.
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