Jan 10, 2006
2:1
For every share held, investors received 2.
The split itself did not change the total investment value.
Pennar Industries Limited (BSE:PENIND) operates in the Steel industry.
Pennar Industries Limited company overviewPennar Industries Limited's most recent stock split was on January 10, 2006. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
Pennar Industries Limited has split its stock once. This history records one forward split, on January 10, 2006.
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 Pennar Industries Limited's 2-for-1 split on January 10, 2006, every share became 2 shares.
Pennar Industries Limited has not announced a new split in our records. Its most recent split was on January 10, 2006, 20 years ago. Companies announce splits in advance, and any new BSE:PENIND split will appear on this page.
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