Oct 24, 2007
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
Mawana Sugars Limited (NSE:MAWANASUG) operates in the Food: specialty/candy industry.
Mawana Sugars Limited company overviewMawana Sugars Limited's most recent stock split was on October 24, 2007. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Mawana Sugars Limited (NSE:MAWANASUG) has split its stock 2 times: a 1-for-4 reverse split on October 22, 2003 and a 1-for-3 reverse split on October 24, 2007.
Mawana Sugars Limited has split its stock 2 times. This history records 2 reverse splits between October 22, 2003 and October 24, 2007.
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 Mawana Sugars Limited's 1-for-3 reverse split on October 24, 2007, every 3 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.
Mawana Sugars Limited has not announced a new split in our records. Its most recent split was on October 24, 2007, 19 years ago. Companies announce splits in advance, and any new NSE:MAWANASUG split will appear on this page.
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