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About CLC Industries Ltd
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CLC Industries Limited (Formerly known as Spentex Industries Ltd), a RP Goenka Group of Company, was incorporated in Nov.`91. CLC Industries was promoted by CESCON and KEC International to set up a 100% EOU to manufacture combed cotton yarn at Baramati, Maharashtra. To part-finance the cost of this project, the company made a Rs 8.8-cr public issue in Nov.`93. The estimated cost of the project, as appraised by ICICI, was Rs 54.81 cr. The company produces combed cotton yarn of 32s (hosiery), 40s and 40s (hosiery) count which is used in the manufacture of cloth and hosiery. The company exports its yarn to various countries in west Europe, south-east Asia, the US, west Asia and the Caribbean Islands. In 2000-01 the company added a new export market in Tunisia. In 1996-97 the company installed Diesel Generating Set of 2.5 MW which enable the consistent power supply to the plant. SIL is now trying to penetrate export market in Bangladesh. Additional 3024 spindles were commissioned during 1999-2000. The company was accredited with ISO 140001 April,2002. The Company`s networth was fully eroded and the same has been reported to BIFR. The company has established a new customer base in Europe-Portugal,Spain,Poland,Cyprus,Belgium etc. During the year 2004-05, the Scheme of Arrangement in respect of acquisition of CLC Corporation by the Company and reduction of paid up capital of the Company by an extent of 50% was effective from April 01, 2004. Similarly, CLC Global Ltd. was merged into the Company and as a result, the business of CLC Global Ltd. were transferred to the Company with effect from April 01 2004. Through the Scheme of Amalgamation, the Company issued one equity share of Rs. 10/- each in proportion to one equity share to CLC Global Ltd. Resulting to this, the shares of the said Company got listed effective from 08.02.2006. The Sanand Unit, Ahmedabad acquired in December, 2005 commenced commercial production of cotton yarn with effect from May 02, 2006. Further, the Company acquired equity shares of Indo Rama Textiles Limited (IRTL) plant at Pithampur (Indore) and Butibori (Nagpur) thru` Share Purchase Agreement. It acquired 1,81,70,667 equity shares of Amit Spinning Industries Ltd; which concluded the transaction on 24 July, 2006. Indo Rama Textiles Ltd. (IRTL) was merged with the Company through the Scheme of Amalgamation effective from April 01, 2006. Thereafter, the Company`s Ahemdabad unit, started commercial production in May, 2006.
CLC Industries share price as on 19 Jan 2026 is Rs. 2.61. Over the past 6 months, the CLC Industries share price has increased by 38.1% and in the last one year, it has increased by 47.46%. The 52-week low for CLC Industries share price was Rs. and 52-week high was Rs. .
521082
SPENTEX
INE376C01020
Aug
CLC Industries Ltd FAQs
You can buy CLC Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy CLC Industries Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jan 11, 2024 04:01 PM the closing price of CLC Industries Ltd was Rs.2.61.
The latest PE ratio of CLC Industries Ltd as of Jan 11, 2024 04:01 PM is 0.00
The latest PB ratio of CLC Industries Ltd as of Jan 11, 2024 04:01 PM is 0.25
The 52-week high of CLC Industries Ltd share price is Rs. 0.00 while the 52-week low is Rs. 0.00
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jan 11, 2024 04:01 PM, the market cap of CLC Industries Ltd stood at Rs. 2.71 Cr.
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