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Tata Steel, a part of Tata group, is the leading Steel Company in India. It is an Indian MultiNational Company which was started way back in the year 1907 in Jamshedpur. To be precise the company was started on August 25th, 1907 by Jamsetji Tata. Tata Steel limited is headquartered at Mumbai and its present CEO is T. V. Narendran. He has been in this post since October 31, 2017.
In this blog post we will complete details about Tata Steel Bonus and Split History till Date.[ We are publishing this article on February 3rd, 2024].
As we are all aware that Tata Steel is one of the Oldest companies in India. Getting all the accurate details about Share split and bonus from the 1950’s is not possible.
We have gone through multiple resources to get the exact information of Tata Steel bonus history and split history. Before 1990’s the split and bonus history information was not accurate.
In this blog post we will answer various queries related to Tata shares like, “How many times has Tata Steel issued a bonus for its shareholders till date?” , “what is the last time they have issued the bonus?”, “What is the face Value of Tata Steel Limited? ” etc.
Tata Steel Share Bonus History
Till date Tata Steel has issued bonus “6” times. But the exact record date and ex-date of the bonus was not available. Only for the year 2004, record date and ex-bonus date was available.
In the year 1954, Tata steel issued a bonus in the ratio of 1:1 i.e. if an Investor holds 1 share, he will get an extra 1 Share.
In the year 1959, a second bonus was announced and the ratio is 1:5. If an investor holds 5 shares, he will get “1” share.
In the year 1967 , Tata Steel has announced 2:5 bonus ratio. For every 5 shares, shareholders will get 2 more shares.
In the year 1987, Tata Steel announced a bonus for the 4th time and the ratio is 2:5.
Once again in the year 1987, Tata Steel has announced bonus ratio of 2:5
In the year 2004, Tata Steel announced a bonus ratio of 1:2. For every “2” shares your hold, you will get “1” extra share.
Date | Bonus Ratio | Record Date | Ex-Date |
---|---|---|---|
11-09-1954 | 1:1 | – | |
11-09-1959 | 1:5 | – | |
11-09-1967 | 2:5 | – | |
11-09-1981 | 2:5 | – | |
11-09-1987 | 2:5 | – | |
07-06-2004 | 1:2 | 12-08-2004 | 11-08-2004 |
Tata Steel Split History :
On May 3,2022 Tata Steel announced Share split with ex-split date as July 28, 2022.
Tata Steel Ltd had split its face value from Rs 10 to Rs in 2022. This was the last and most recent Tata Share split.
1: 10 Share split means, every share you hold will be converted into 10 Shares. Generally this Share split was done to increase the liquidity of the stock and to make it affordable for shareholders.
Old Face Value | New Face Value | Ex-Split Date |
---|---|---|
₹10 | ₹1 | 28-07-2022 |
Faqs :
How many times did Tata Power Split Share Till Date ?
Answer : As on February 2024, tata Power has announced share split only one i.e. on July 22, 2022.
Till now how many times Tata power has announced the Bonus ?
Answer : Approximately 6 times and the last bonus was announced in 2004.
What is the New Face Value of Tata Steel ?
Answer : Rs 1 : [ 1:10 Stock split was announced in 2022 ]
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