Jun 29, 2010
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $7.04 to $14.08.
The split itself did not change the total investment value.
Piccadily Sugar & Allied Industries Ltd. (BSE:PICCASUG) operates in the Agricultural commodities/Milling industry.
Piccadily Sugar & Allied Industries Ltd. company overviewPiccadily Sugar & Allied Industries Ltd.'s most recent stock split was on June 29, 2010. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Piccadily Sugar & Allied Industries Ltd. has split its stock once. This history records one reverse split, on June 29, 2010.
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 Piccadily Sugar & Allied Industries Ltd.'s 1-for-2 reverse split on June 29, 2010, 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.
Piccadily Sugar & Allied Industries Ltd. has not announced a new split in our records. Its most recent split was on June 29, 2010, 16 years ago. Companies announce splits in advance, and any new BSE:PICCASUG split will appear on this page.
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