Lowest possible Face value and Stock split

zzner

New Member
#1
It appears that lowest possible face value of a stock in India is Rs.1. In this case, is it possible for a company to stock split when the face value of its share is already Rs.1?

For example, State Bank of India stock's face value is Rs.1 now after recent split. Is it possible for this bank to split its stock again in future?

Thanks.
 

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