Aug 16, 2007
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $89.80 to $449.00.
The split itself did not change the total investment value.
Shristi Infrastructure Development Corporation Limited (BSE:SHRISTI) operates in the Homebuilding industry.
Shristi Infrastructure Development Corporation Limited company overviewShristi Infrastructure Development Corporation Limited's most recent stock split was on August 16, 2007. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Shristi Infrastructure Development Corporation Limited has split its stock once. This history records one reverse split, on August 16, 2007.
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 Shristi Infrastructure Development Corporation Limited's 1-for-5 reverse split on August 16, 2007, every 5 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.
Shristi Infrastructure Development Corporation Limited has not announced a new split in our records. Its most recent split was on August 16, 2007, 19 years ago. Companies announce splits in advance, and any new BSE:SHRISTI split will appear on this page.
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