Oct 30, 2019
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.32 to $6.40.
The split itself did not change the total investment value.
Shree Precoated Steels Limited (BSE:SPSL) operates in the Real estate development industry.
Shree Precoated Steels Limited company overviewShree Precoated Steels Limited's most recent stock split was on October 30, 2019. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Shree Precoated Steels Limited has split its stock once. This history records one reverse split, on October 30, 2019.
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 Shree Precoated Steels Limited's 1-for-20 reverse split on October 30, 2019, every 20 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.
Shree Precoated Steels Limited has not announced a new split in our records. Its most recent split was on October 30, 2019, 6 years ago. Companies announce splits in advance, and any new BSE:SPSL split will appear on this page.
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