Aug 27, 2014
37:100
For every 100 shares held, investors received 37. The price per share adjusted from $13.39 to $36.19.
The split itself did not change the total investment value.
Suryavanshi Spinning Mills Limited (BSE:SURYVANSP) operates in the Textiles industry.
Suryavanshi Spinning Mills Limited company overviewSuryavanshi Spinning Mills Limited's most recent stock split was on August 27, 2014. It was a 37-for-100 reverse split, so shareholders received 37 shares for every 100 they held.
Suryavanshi Spinning Mills Limited has split its stock once. This history records one reverse split, on August 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 Suryavanshi Spinning Mills Limited's 37-for-100 reverse split on August 27, 2014, every 100 shares became 37 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Suryavanshi Spinning Mills Limited has not announced a new split in our records. Its most recent split was on August 27, 2014, 12 years ago. Companies announce splits in advance, and any new BSE:SURYVANSP split will appear on this page.
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