Nov 28, 2013
2:5
For every 5 shares held, investors received 2.
The split itself did not change the total investment value.
Ravileela Granites Ltd. (BSE:RALEGRA) operates in the Construction materials industry.
Ravileela Granites Ltd. company overviewRavileela Granites Ltd.'s most recent stock split was on November 28, 2013. It was a 2-for-5 reverse split, so shareholders received 2 shares for every 5 they held.
Ravileela Granites Ltd. has split its stock once. This history records one reverse split, on November 28, 2013.
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 Ravileela Granites Ltd.'s 2-for-5 reverse split on November 28, 2013, every 5 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Ravileela Granites Ltd. has not announced a new split in our records. Its most recent split was on November 28, 2013, 12 years ago. Companies announce splits in advance, and any new BSE:RALEGRA split will appear on this page.
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