Mar 15, 2012
2:5
For every 5 shares held, investors received 2.
The split itself did not change the total investment value.
Pasupati Spinning and Weaving Mills Limited (BSE:PASUSPG) operates in the Textiles industry.
Pasupati Spinning and Weaving Mills Limited company overviewPasupati Spinning and Weaving Mills Limited's most recent stock split was on March 15, 2012. It was a 2-for-5 reverse split, so shareholders received 2 shares for every 5 they held.
Pasupati Spinning and Weaving Mills Limited has split its stock once. This history records one reverse split, on March 15, 2012.
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 Pasupati Spinning and Weaving Mills Limited's 2-for-5 reverse split on March 15, 2012, every 5 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Pasupati Spinning and Weaving Mills Limited has not announced a new split in our records. Its most recent split was on March 15, 2012, 14 years ago. Companies announce splits in advance, and any new BSE:PASUSPG split will appear on this page.
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