Jan 29, 2009
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
Venmax Drugs & Pharmaceuticals Ltd. (BSE:VENMAX) operates in the Pharmaceuticals: major industry.
Venmax Drugs & Pharmaceuticals Ltd. company overviewVenmax Drugs & Pharmaceuticals Ltd.'s most recent stock split was on January 29, 2009. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Venmax Drugs & Pharmaceuticals Ltd. has split its stock once. This history records one reverse split, on January 29, 2009.
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 Venmax Drugs & Pharmaceuticals Ltd.'s 1-for-2 reverse split on January 29, 2009, every 2 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.
Venmax Drugs & Pharmaceuticals Ltd. has not announced a new split in our records. Its most recent split was on January 29, 2009, 17 years ago. Companies announce splits in advance, and any new BSE:VENMAX split will appear on this page.
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