Mahalaxmi Rubtech Ltd
Latest Stock Split
Nov 05, 2015
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Nov 05, 2015Before—Split ratio1:10After—Reverse
- Sep 23, 2010Before—Split ratio10:1After—Forward
- Apr 23, 2007Before—Split ratio5:4After—Forward
About Mahalaxmi Rubtech Ltd stock splits
Mahalaxmi Rubtech Ltd (NSE:MHLXMIRU) operates in the Industrial specialties industry.
Mahalaxmi Rubtech Ltd company overviewWhen did Mahalaxmi Rubtech Ltd stock split?
Mahalaxmi Rubtech Ltd's most recent stock split was on November 5, 2015. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
What is Mahalaxmi Rubtech Ltd's stock split history?
Mahalaxmi Rubtech Ltd (NSE:MHLXMIRU) has split its stock 3 times: a 5-for-4 split on April 23, 2007, a 10-for-1 split on September 23, 2010, and a 1-for-10 reverse split on November 5, 2015.
How many times has Mahalaxmi Rubtech Ltd stock split?
Mahalaxmi Rubtech Ltd has split its stock 3 times. This history records 3 splits between April 23, 2007 and November 5, 2015.
What is a reverse stock split?
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 Mahalaxmi Rubtech Ltd's 1-for-10 reverse split on November 5, 2015, 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.
Will Mahalaxmi Rubtech Ltd split its stock again?
Mahalaxmi Rubtech Ltd has not announced a new split in our records. Its most recent split was on November 5, 2015, 10 years ago. Companies announce splits in advance, and any new NSE:MHLXMIRU split will appear on this page.