Jun 05, 2024
1:500
For every 500 shares held, investors received 1.
The split itself did not change the total investment value.
Pipan Oils Ltd (BSE:PIPAN) operates in the Wholesale distributors industry.
Pipan Oils Ltd company overviewPipan Oils Ltd's most recent stock split was on June 5, 2024. It was a 1-for-500 reverse split, so shareholders received 1 share for every 500 they held.
Pipan Oils Ltd (BSE:PIPAN) has split its stock 2 times: a 5-for-1 split on December 24, 2014 and a 1-for-500 reverse split on June 5, 2024.
Pipan Oils Ltd has split its stock 2 times. This history records 2 splits between December 24, 2014 and June 5, 2024.
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 Pipan Oils Ltd's 1-for-500 reverse split on June 5, 2024, every 500 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.
Pipan Oils Ltd has not announced a new split in our records. Its most recent split was on June 5, 2024, 2 years ago. Companies announce splits in advance, and any new BSE:PIPAN split will appear on this page.
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