Jan 24, 2007
7:10
For every 10 shares held, investors received 7.
The split itself did not change the total investment value.
Nahar Poly Films Limited (NSE:NAHARPOLY) operates in the Textiles industry.
Nahar Poly Films Limited company overviewNahar Poly Films Limited's most recent stock split was on January 24, 2007. It was a 7-for-10 reverse split, so shareholders received 7 shares for every 10 they held.
Nahar Poly Films Limited has split its stock once. This history records one reverse split, on January 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 Nahar Poly Films Limited's 7-for-10 reverse split on January 24, 2007, every 10 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.
Nahar Poly Films Limited has not announced a new split in our records. Its most recent split was on January 24, 2007, 19 years ago. Companies announce splits in advance, and any new NSE:NAHARPOLY split will appear on this page.
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