Nov 07, 2019
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $57.65 to $115.30.
The split itself did not change the total investment value.
Nath Industries Ltd. (BSE:NATHIND) operates in the Pulp & paper industry.
Nath Industries Ltd. company overviewNath Industries Ltd.'s most recent stock split was on November 7, 2019. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Nath Industries Ltd. has split its stock once. This history records one reverse split, on November 7, 2019.
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 Nath Industries Ltd.'s 1-for-2 reverse split on November 7, 2019, every 2 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.
Nath Industries Ltd. has not announced a new split in our records. Its most recent split was on November 7, 2019, 6 years ago. Companies announce splits in advance, and any new BSE:NATHIND split will appear on this page.
Already premium?