Jun 26, 2024
7:200
For every 200 shares held, investors received 7.
The split itself did not change the total investment value.
Innovative Tyres & Tubes Ltd. (NSE:ITTL) operates in the Automotive aftermarket industry.
Innovative Tyres & Tubes Ltd. company overviewInnovative Tyres & Tubes Ltd.'s most recent stock split was on June 26, 2024. It was a 7-for-200 reverse split, so shareholders received 7 shares for every 200 they held.
Innovative Tyres & Tubes Ltd. has split its stock once. This history records one reverse split, on June 26, 2024.
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 Innovative Tyres & Tubes Ltd.'s 7-for-200 reverse split on June 26, 2024, every 200 shares became 7 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Innovative Tyres & Tubes Ltd. has not announced a new split in our records. Its most recent split was on June 26, 2024, 2 years ago. Companies announce splits in advance, and any new NSE:ITTL split will appear on this page.
Already premium?