Jul 27, 2004
20:1
For every share held, investors received 20. The price per share adjusted from $362.00 to $18.10.
The split itself did not change the total investment value.
Shanthi Gears Limited (NSE:SHANTIGEAR) operates in the Auto parts: OEM industry.
Shanthi Gears Limited company overviewShanthi Gears Limited's most recent stock split was on July 27, 2004. It was a 20-for-1 forward split, so shareholders received 20 shares for every share they held.
Shanthi Gears Limited has split its stock once. This history records one forward split, on July 27, 2004.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Shanthi Gears Limited's 20-for-1 split on July 27, 2004, every share became 20 shares.
Shanthi Gears Limited has not announced a new split in our records. Its most recent split was on July 27, 2004, 22 years ago. Companies announce splits in advance, and any new NSE:SHANTIGEAR split will appear on this page.
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