1. India Stocks

  2. •

    Process industries

  3. •

    Textiles
Simplex Mills Co. Ltd.

Simplex Mills Co. Ltd.

BBSE:SIMPLXMIL
4,121.00
INR
-211.95
(-4.89%)
-63.10EPS
162.47MMarket Cap

Latest Stock Split

Jun 22, 2023

1:100

For every 100 shares held, investors received 1. The price per share adjusted from $38.74 to $3874.00.

The split itself did not change the total investment value.

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Stock Split History

  1. Jun 22, 2023
    Before$38.74
    Split ratio1:100
    After$3874.00
    Reverse

About Simplex Mills Co. Ltd. stock splits

Simplex Mills Co. Ltd. (BSE:SIMPLXMIL) operates in the Textiles industry.

Simplex Mills Co. Ltd. company overview

When did Simplex Mills Co. Ltd. stock split?

Simplex Mills Co. Ltd.'s most recent stock split was on June 22, 2023. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.

How many times has Simplex Mills Co. Ltd. stock split?

Simplex Mills Co. Ltd. has split its stock once. This history records one reverse split, on June 22, 2023.

What is a reverse stock split?

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 Simplex Mills Co. Ltd.'s 1-for-100 reverse split on June 22, 2023, every 100 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.

Will Simplex Mills Co. Ltd. split its stock again?

Simplex Mills Co. Ltd. has not announced a new split in our records. Its most recent split was on June 22, 2023, 3 years ago. Companies announce splits in advance, and any new BSE:SIMPLXMIL split will appear on this page.