CIC goes for share subdivision

Thursday, 7 August 2025 03:14 - - {{hitsCtrl.values.hits}}

CIC Holdings PLC yesterday announced plans to subdivide its voting and non-voting shares on the basis of 1:5.

CIC’s existing number of company shares comprises Voting (291,600,000) and Non-voting (87,480,000).

Post subdivision, the quantum will be Voting (1,458,000,000) and Non-voting (437,400,000).

The move is subject to regulatory and shareholder approval.

CIC voting shares yesterday gained by Rs. 9.25 or 7% to close at Rs. 142.50.

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