Stock in Focus: Fineotex Chemical Ltd, a specialty chemical maker, is going to split its stock and give bonus shares. The company has announced the record date for this, which is 31 October 2025. On this day it will be decided which investors will get the benefit of the company’s stock split and bonus shares. This decision was approved in the Extraordinary General Meeting (EGM) of the company on October 25.
What is the company’s plan?
Fineotex Chemical said in the information given to BSE and NSE that the shareholders have approved the split of one share with face value of ₹ 2 into two shares of face value of ₹ 1.
After this the company will give four bonus shares for every one share. That is, if an investor has one share, then after the split he will have two shares, and on those two shares he will get a total of eight bonus shares.
Why did the company take this decision?
Fineotex Chemical said this step has been taken to increase liquidity of shares, increase participation of retail investors, and reward old investors. The date of allotment of bonus shares has been fixed as 3 November 2025. This process will be according to the circular issued by SEBI on 16 September 2024.
Information has already been given
Fineotex Chemical had already informed the exchange on September 27 and October 25 that the company was considering a stock split and bonus issue. The company said, ‘This move reflects our strong financial position and commitment to create long-term value for shareholders.’
Company turnover and stock performance
Fineotex Chemical is a specialty chemical manufacturing company. It manufactures chemicals for textile, home care and hygiene industries. Over the past few years, the company has expanded both its product range and global presence.
However, the company’s shares have fallen 26% so far this year. Shares of Fineotex Chemical closed 0.9% lower at ₹253.95 on the NSE on Monday.
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