Jul 21, 2006
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
Shree Rama Newsprint Ltd. (NSE:RAMANEWS) operates in the Pulp & paper industry.
Shree Rama Newsprint Ltd. company overviewShree Rama Newsprint Ltd.'s most recent stock split was on July 21, 2006. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Shree Rama Newsprint Ltd. has split its stock once. This history records one reverse split, on July 21, 2006.
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 Shree Rama Newsprint Ltd.'s 1-for-4 reverse split on July 21, 2006, every 4 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.
Shree Rama Newsprint Ltd. has not announced a new split in our records. Its most recent split was on July 21, 2006, 20 years ago. Companies announce splits in advance, and any new NSE:RAMANEWS split will appear on this page.
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