Oct 25, 2021
1:100
For every 100 shares held, investors received 1.
The split itself did not change the total investment value.
Raj Rayon Industries Limited (NSE:RAJRILTD) operates in the Textiles industry.
Raj Rayon Industries Limited company overviewRaj Rayon Industries Limited's most recent stock split was on October 25, 2021. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Raj Rayon Industries Limited (NSE:RAJRILTD) has split its stock 2 times: a 10-for-1 split on March 4, 2013 and a 1-for-100 reverse split on October 25, 2021.
Raj Rayon Industries Limited has split its stock 2 times. This history records 2 splits between March 4, 2013 and October 25, 2021.
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 Raj Rayon Industries Limited's 1-for-100 reverse split on October 25, 2021, every 100 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.
Raj Rayon Industries Limited has not announced a new split in our records. Its most recent split was on October 25, 2021, 4 years ago. Companies announce splits in advance, and any new NSE:RAJRILTD split will appear on this page.
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