Mar 21, 2007
10:1
For every share held, investors received 10. The price per share adjusted from $26.15 to $2.61.
The split itself did not change the total investment value.
Minaxi Textiles Ltd (BSE:MINAXI) operates in the Textiles industry.
Minaxi Textiles Ltd company overviewMinaxi Textiles Ltd's most recent stock split was on March 21, 2007. It was a 10-for-1 forward split, so shareholders received 10 shares for every share they held.
Minaxi Textiles Ltd has split its stock once. This history records one forward split, on March 21, 2007.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Minaxi Textiles Ltd's 10-for-1 split on March 21, 2007, every share became 10 shares.
Minaxi Textiles Ltd has not announced a new split in our records. Its most recent split was on March 21, 2007, 19 years ago. Companies announce splits in advance, and any new BSE:MINAXI split will appear on this page.
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