HLE Glascoat Ltd is an industrial sector small-cap company with market valuation of 4,894.43 crores. The company manufactures process equipment and provides solutions for the chemical and pharmaceutical sectors. The company is a global leader in the production of glass-lined equipment and a market leader in the field of filtration and drying equipment. The Board of Directors of the Company has announced the record date for the purpose of sub-division (split) of the equity shares by the face value of Rs. 10 per share at the face value of Rs. 2 per share.
The company, in a stock exchange filing today, said that “This continues in our order dated October 7, 2022 in respect of sub-division of equity shares from a face value of Rs. 10 each to a face value of Rs. 2″. each fully paid with effect from October 19, 2022. (Record date). Please be informed that the sub-division of equity shares will be effective under the new ISIN i.e. INE461D01028. Please refer the above information to Regulation 30, Regulation 42 and SEBI ( (Listing Obligations and Disclosure Requirements) Regulations, 2015 on record with reference to any other applicable regulation.”
HLE Glasscoat Ltd shares closed today: 3584.85 each, up 0.72% from the previous close 3559.25. In trading today the stock recorded a total volume of 3,389 shares, compared to a 20-day average volume of 2,378 shares. share price has increased 9.10 up to the current market price as of 29 September 2006 which enters the multibagger of 39,361.54%. Over the past 5 years, the share price has grown by 169.45 up to the current market price as of 27 October 2017 which logs a multibagger return of 2,019.21%.
In the last 1 year, the stock has fallen 50.06% and on YTD basis, the stock has fallen 38.02% so far in 2022. As per data available on BSE, lead investor Ashish Kacholia held 1.40%, or 1,91,602 shares, of the company during the quarter ended June 2022. Promoter shareholding of 70.32%, FII shareholding of 4.73%, DII shareholding of 0.87% and Public shareholding of 24.09% are reported for the Company during Q1FY23.
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