Mar 18, 1996
8:5
For every 5 shares held, investors received 8.
The split itself did not change the total investment value.
TPI India Ltd. (BSE:TPINDIA) operates in the Pulp & paper industry.
TPI India Ltd. company overviewTPI India Ltd.'s most recent stock split was on March 18, 1996. It was a 8-for-5 forward split, so shareholders received 8 shares for every 5 they held.
TPI India Ltd. has split its stock once. This history records one forward split, on March 18, 1996.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In TPI India Ltd.'s 8-for-5 split on March 18, 1996, every 5 shares became 8 shares.
TPI India Ltd. has not announced a new split in our records. Its most recent split was on March 18, 1996, 30 years ago. Companies announce splits in advance, and any new BSE:TPINDIA split will appear on this page.
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