May 11, 2016
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $8.10 to $81.00.
The split itself did not change the total investment value.
PS IT Infrastructure & Services Limited (BSE:PSITINFRA) operates in the Investment banks/Brokers industry.
PS IT Infrastructure & Services Limited company overviewPS IT Infrastructure & Services Limited's most recent stock split was on May 11, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
PS IT Infrastructure & Services Limited (BSE:PSITINFRA) has split its stock 2 times: a 10-for-1 split on September 3, 2014 and a 1-for-10 reverse split on May 11, 2016.
PS IT Infrastructure & Services Limited has split its stock 2 times. This history records 2 splits between September 3, 2014 and May 11, 2016.
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 PS IT Infrastructure & Services Limited's 1-for-10 reverse split on May 11, 2016, every 10 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.
PS IT Infrastructure & Services Limited has not announced a new split in our records. Its most recent split was on May 11, 2016, 10 years ago. Companies announce splits in advance, and any new BSE:PSITINFRA split will appear on this page.
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