Nov 21, 2008
23:59
For every 59 shares held, investors received 23.
The split itself did not change the total investment value.
Bengal & Assam Co. Ltd. (NSE:BENGALASM) operates in the Automotive aftermarket industry.
Bengal & Assam Co. Ltd. company overviewBengal & Assam Co. Ltd.'s most recent stock split was on November 21, 2008. It was a 23-for-59 reverse split, so shareholders received 23 shares for every 59 they held.
Bengal & Assam Co. Ltd. has split its stock once. This history records one reverse split, on November 21, 2008.
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 Bengal & Assam Co. Ltd.'s 23-for-59 reverse split on November 21, 2008, every 59 shares became 23 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Bengal & Assam Co. Ltd. has not announced a new split in our records. Its most recent split was on November 21, 2008, 17 years ago. Companies announce splits in advance, and any new NSE:BENGALASM split will appear on this page.
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