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Fineotex Chemical Announces 4:1 Bonus Issue and 1:2 Stock Split; Record Date Fixed for October 31

By Shishta Dutta | Published at: Oct 27, 2025 06:50 PM IST

Fineotex Chemical Announces 4:1 Bonus Issue and 1:2 Stock Split; Record Date Fixed for October 31
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Mumbai, October 27, 2025 – Fineotex Chemical Ltd (NSE: FCL, BSE: 533333) today announced a dual corporate action of issuing a 4:1 bonus and 1:2 split of stock. The board of directors has set October 31, 2025, as the record date for ascertaining eligible shareholders and the deemed date of allotment of bonus shares as November 3, 2025.

The move follows shareholders having passed the proposals at the Extraordinary General Meeting (EGM) of the company that took place on October 25, 2025. Both corporate moves are meant to increase liquidity, boost retail participation, and make shares more affordable.

Information on the Stock Split and Bonus Issue

According to the sanctioned plan, every outstanding share of face value of ₹2 will be subdivided into two shares of ₹1 each, in the ratio of 1:2. Subsequent to the split, the shareholders will also be issued four bonus shares per one share held. In effect, this increases the number of shares five times after issuance.

The move is expected to increase investor involvement and enhance shareholder value through enhanced trading volumes and stock availability. The entitlement record date is October 31, 2025, with the deemed date of allotment set on November 3, 2025.

Stock Performance and Market Reaction

Fineotex Chemical shares closed at ₹253.95, down 0.85% from the last session. The market capitalization of the company remained at ₹2,909.63 crore. The stock has also been traded in a 52-week band of ₹207 to ₹387.10 and has a price-to-earnings (P/E) of 27.93.

Notwithstanding short-term temporary fluctuations, Fineotex stock has posted a robust multi-year performance, appreciating more than 745% between five years and almost 970% between ten years, reflecting confidence in its long-term business underpinnings from investors.

Established in 2004 and listed on Indian exchanges since 2015, Fineotex Chemical Ltd is a premier speciality chemical producer based in Mumbai. The company manufactures and sells a diverse array of performance chemicals serving the textiles, home care, hygiene, and water treatment industries. Having production centres in India and Malaysia, Fineotex has established a global footprint and grows strongly through product development and eco-friendly chemical offerings.

REF: https://nsearchives.nseindia.com/corporate/FCL_27102025154301_IntimationofRecord_Date27102025.pdf

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