The 1:10 split made the per share price of Nestle reduce by 90% as those owning one share of the company as of the record date of January 4 were left with 10 shares.
With January 5 as the record date, shares of the MNC FMCG firm will go ex-split in 1:10 ratio. This means that if you own 1 share of Nestle India as on the record date, the sub-division will leave you with 10 shares.