Dec 16, 2008
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Welspun Specialty Solutions Limited (NSE:WELSPLSOL) operates in the Steel industry.
Welspun Specialty Solutions Limited company overviewWelspun Specialty Solutions Limited's most recent stock split was on December 16, 2008. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Welspun Specialty Solutions Limited has split its stock once. This history records one reverse split, on December 16, 2008.
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 Welspun Specialty Solutions Limited's 1-for-10 reverse split on December 16, 2008, every 10 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.
Welspun Specialty Solutions Limited has not announced a new split in our records. Its most recent split was on December 16, 2008, 17 years ago. Companies announce splits in advance, and any new NSE:WELSPLSOL split will appear on this page.
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