Mar 09, 2021
1:1000
For every 1000 shares held, investors received 1.
The split itself did not change the total investment value.
SEL Manufacturing Co. Ltd. (NSE:SELMC) operates in the Textiles industry.
SEL Manufacturing Co. Ltd. company overviewSEL Manufacturing Co. Ltd.'s most recent stock split was on March 9, 2021. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
SEL Manufacturing Co. Ltd. has split its stock once. This history records one reverse split, on March 9, 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 SEL Manufacturing Co. Ltd.'s 1-for-1000 reverse split on March 9, 2021, every 1000 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.
SEL Manufacturing Co. Ltd. has not announced a new split in our records. Its most recent split was on March 9, 2021, 5 years ago. Companies announce splits in advance, and any new NSE:SELMC split will appear on this page.
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