Sep 26, 2011
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $2.86 to $28.60.
The split itself did not change the total investment value.
Vijay Textiles Ltd (BSE:VIJAYTX) operates in the Textiles industry.
Vijay Textiles Ltd company overviewVijay Textiles Ltd's most recent stock split was on September 26, 2011. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Vijay Textiles Ltd (BSE:VIJAYTX) has split its stock 3 times: a 10-for-1 split on January 19, 2005, a 3-for-1 split on April 25, 2005, and a 1-for-10 reverse split on September 26, 2011.
Vijay Textiles Ltd has split its stock 3 times. This history records 3 splits between January 19, 2005 and September 26, 2011.
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 Vijay Textiles Ltd's 1-for-10 reverse split on September 26, 2011, every 10 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.
Vijay Textiles Ltd has not announced a new split in our records. Its most recent split was on September 26, 2011, 15 years ago. Companies announce splits in advance, and any new BSE:VIJAYTX split will appear on this page.
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