Small-cap firm CL Educate Ltd operates in the consumer discretionary goods and services (CDGS) industry and its market capitalization is 385.87 cr CL Educate Ltd. The aim is to gain expertise in several areas of education. Over the past 20 years, the CL brand has expanded and become well-known in a variety of educational fields, such as exam preparation and business programs. The board of directors will meet on November 2, 2022 to discuss and announce Q2 results along with bonus shares, which for shareholders will be the cherry on top of the firm, which is virtually debt-free.
The Company in a stock exchange filing today said that “In accordance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is kindly informed that the meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, November 02, 2022.” To consider and approve, inter alia, 1. Unaudited Financial Results (Standalone and Consolidated) at the Corporate Office of the Company located at , A-45, 1st Floor, Mohan Co-operative Industrial Estate, New Delhi – 110044 a) for the quarter and half year ended September 30, 2022, including the cash flow statement (through a note), along with a statement of assets and liabilities as on September 30, 2022; and 2. to be determined by the Board of Directors of the company To consider and recommend the proposal for declaration of bonus shares to the equity shareholders of the company, as on the record date, subject to the approval of the shareholders of the company.”
CL Educate Ltd shares closed today: 136.75 each, up 0.40% from the previous close of 136.20. The stock recorded a total volume of 23,702 shares on Friday, compared to a 20-day average volume of 45,383 shares. In the last 1 year, the stock has increased by 35.93% and on YTD basis, the stock has increased by 19.02% so far in 2022. For the quarter ended September 2022 or Q2FY23, the company reported promoter shareholding of 52.50%, FII holding of 8.37% and public shareholding of 39.14%.
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