Sep 09, 2003
13573:50000
For every 50000 shares held, investors received 13573.
The split itself did not change the total investment value.
Nalwa Sons Investments Limited (BSE:NSIL) operates in the Financial conglomerates industry.
Nalwa Sons Investments Limited company overviewNalwa Sons Investments Limited's most recent stock split was on September 9, 2003. It was a 13573-for-50000 reverse split, so shareholders received 13573 shares for every 50000 they held.
Nalwa Sons Investments Limited (BSE:NSIL) has split its stock 2 times: a 2-for-1 split on December 21, 1989 and a 13573-for-50000 reverse split on September 9, 2003.
Nalwa Sons Investments Limited has split its stock 2 times. This history records 2 splits between December 21, 1989 and September 9, 2003.
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 Nalwa Sons Investments Limited's 13573-for-50000 reverse split on September 9, 2003, every 50000 shares became 13573 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Nalwa Sons Investments Limited has not announced a new split in our records. Its most recent split was on September 9, 2003, 23 years ago. Companies announce splits in advance, and any new BSE:NSIL split will appear on this page.
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