Contil India, penny stock turned ex-split on Thursday, November 14, for the ratio of 1:5. The stock price ended at Rs 51.95 apiece, at 2% upper circuit which means that there were several buyers but no sellers in the stock on the ex-date.
Contil India Stock Split:
The stock split ratio is of 1:5. The company fixed Friday, November 15, 2024 as the 'Record Date' for the purpose of determining the eligibility of Shareholders for the purpose of sub-division /split of every 1 (one) Equity Share having face value of Rs.10/- (Rupees Ten only) each, into fully paid-up 5 (Five) Equity Share s having face value of Rs. 2/- (Rupee Two) each fully paid-up.
Since, November 15 is a market holiday, the ex-split date took place on November 14.
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