Ashish Kacholia’s portfolio stock, Fineotex Chemical, declared that the company’s board of directors has decided to announce bonus shares, a stock split, and an 80% dividend issue, according to an exchange filing on Saturday, 27 September 2025.
Fineotex Chemical held its board meeting on Saturday, 27 September 2025, where the members considered and approved the corporate action moves.
Fineotex Chemical bonus issue
Fineotex Chemical’s board of directors announced a bonus issue of shares at the ratio og 4:1 for stock market investors. This means that every eligible shareholder will get four bonus shares for every one share held in the company.
“Issue of bonus equity shares in the ratio of 4:1, i.e., four bonus equity shares of ₹1/- each for every one equity share of ₹1/- each fully paid-up, held by the shareholders of the company as on the record date, subject to the approval of shareholders in the Extraordinary General Meeting,” the company informed the exchanges through its filing.
However, the company has not announced the record date for the bonus issue of shares.
(This is a developing story. Please check back for updates)
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