Apr 06, 2004
2:1
For every share held, investors received 2.
The split itself did not change the total investment value.
Addi Industries Limited (NSE:ADDIND) operates in the Textiles industry.
Addi Industries Limited company overviewAddi Industries Limited's most recent stock split was on April 6, 2004. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
Addi Industries Limited has split its stock once. This history records one forward split, on April 6, 2004.
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 Addi Industries Limited's 2-for-1 split on April 6, 2004, every share became 2 shares.
Addi Industries Limited has not announced a new split in our records. Its most recent split was on April 6, 2004, 22 years ago. Companies announce splits in advance, and any new NSE:ADDIND split will appear on this page.
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