Jan 12, 2024
1:100
For every 100 shares held, investors received 1.
The split itself did not change the total investment value.
CLC Industries Limited (BSE:CLCIND) operates in the Textiles industry.
CLC Industries Limited company overviewCLC Industries Limited's most recent stock split was on January 12, 2024. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
CLC Industries Limited (BSE:CLCIND) has split its stock 2 times: a 1-for-2 reverse split on July 6, 2005 and a 1-for-100 reverse split on January 12, 2024.
CLC Industries Limited has split its stock 2 times. This history records 2 reverse splits between July 6, 2005 and January 12, 2024.
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 CLC Industries Limited's 1-for-100 reverse split on January 12, 2024, every 100 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.
CLC Industries Limited has not announced a new split in our records. Its most recent split was on January 12, 2024, 2 years ago. Companies announce splits in advance, and any new BSE:CLCIND split will appear on this page.
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