Aug 20, 2001
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Pan India Corporation Ltd (BSE:PANINDIAC) operates in the Investment banks/Brokers industry.
Pan India Corporation Ltd company overviewPan India Corporation Ltd's most recent stock split was on August 20, 2001. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Pan India Corporation Ltd (BSE:PANINDIAC) has split its stock 2 times: a 10-for-1 split on September 18, 2000 and a 1-for-10 reverse split on August 20, 2001.
Pan India Corporation Ltd has split its stock 2 times. This history records 2 splits between September 18, 2000 and August 20, 2001.
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 Pan India Corporation Ltd's 1-for-10 reverse split on August 20, 2001, 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.
Pan India Corporation Ltd has not announced a new split in our records. Its most recent split was on August 20, 2001, 25 years ago. Companies announce splits in advance, and any new BSE:PANINDIAC split will appear on this page.
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