Apr 13, 2005
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $318.85 to $1594.25.
The split itself did not change the total investment value.
Vardhman Holdings Limited (BSE:VHL) operates in the Investment managers industry.
Vardhman Holdings Limited company overviewVardhman Holdings Limited's most recent stock split was on April 13, 2005. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Vardhman Holdings Limited has split its stock once. This history records one reverse split, on April 13, 2005.
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 Vardhman Holdings Limited's 1-for-5 reverse split on April 13, 2005, every 5 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.
Vardhman Holdings Limited has not announced a new split in our records. Its most recent split was on April 13, 2005, 21 years ago. Companies announce splits in advance, and any new BSE:VHL split will appear on this page.
Already premium?