Nov 29, 2024
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
RNIT AI Solutions Limited (BSE:RNITAI) operates in the Electrical products industry.
RNIT AI Solutions Limited company overviewRNIT AI Solutions Limited's most recent stock split was on November 29, 2024. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
RNIT AI Solutions Limited (BSE:RNITAI) has split its stock 2 times: a 2-for-5 reverse split on May 2, 2012 and a 1-for-4 reverse split on November 29, 2024.
RNIT AI Solutions Limited has split its stock 2 times. This history records 2 reverse splits between May 2, 2012 and November 29, 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 RNIT AI Solutions Limited's 1-for-4 reverse split on November 29, 2024, every 4 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.
RNIT AI Solutions Limited has not announced a new split in our records. Its most recent split was on November 29, 2024, 1 year ago. Companies announce splits in advance, and any new BSE:RNITAI split will appear on this page.
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