Jan 13, 2003
1:40
For every 40 shares held, investors received 1.
The split itself did not change the total investment value.
Polychem Limited (BSE:POLYCHEM) operates in the Chemicals: major diversified industry.
Polychem Limited company overviewPolychem Limited's most recent stock split was on January 13, 2003. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
Polychem Limited has split its stock once. This history records one reverse split, on January 13, 2003.
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 Polychem Limited's 1-for-40 reverse split on January 13, 2003, every 40 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.
Polychem Limited has not announced a new split in our records. Its most recent split was on January 13, 2003, 23 years ago. Companies announce splits in advance, and any new BSE:POLYCHEM split will appear on this page.
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