Mar 27, 2014
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Smiths & Founders (India) Limited (BSE:SMFIL) operates in the Metal fabrication industry.
Smiths & Founders (India) Limited company overviewSmiths & Founders (India) Limited's most recent stock split was on March 27, 2014. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Smiths & Founders (India) Limited (BSE:SMFIL) has split its stock 2 times: a 10-for-1 split on December 27, 2005 and a 1-for-10 reverse split on March 27, 2014.
Smiths & Founders (India) Limited has split its stock 2 times. This history records 2 splits between December 27, 2005 and March 27, 2014.
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 Smiths & Founders (India) Limited's 1-for-10 reverse split on March 27, 2014, 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.
Smiths & Founders (India) Limited has not announced a new split in our records. Its most recent split was on March 27, 2014, 12 years ago. Companies announce splits in advance, and any new BSE:SMFIL split will appear on this page.
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