Fineotex Chemical Limited has informed the Exchange that the Board of Directors at its meeting held on September 27, 2025, have considered and approved bonus at the ratio of 4 : 1, i.e 4 Equity Shares for every 1 Equity Shares held.
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The Board of Fineotex Chemical, at its meeting on September 27, 2025, approved a package of corporate actions. It declared an interim dividend of Rs. 0.80 per equity share (40% on face value of Rs. 2), aggregating to roughly Rs. 9.17 crore, with a record date of October 3, 2025 and payment by October 25, 2025. The Board also approved a sub-division (stock split) of 1 equity share of Rs. 2 face value into 2 equity shares of Rs. 1 face value, aimed at improving liquidity and retail participation. In addition, a bonus issue at a 4:1 ratio was approved, meaning 4 bonus shares of Rs. 1 each for every 1 share held, resulting in roughly 91.66 crore new shares issued from the Securities Premium Account. The authorised share capital is proposed to be raised from Rs. 28 crore to Rs. 120 crore, and an EGM is scheduled for October 25, 2025 to seek shareholder approval for the split, bonus, and capital increase.
The combination of a meaningful dividend, a stock split, and a large 4:1 bonus is generally shareholder-friendly and signals confidence in the company's reserves (free reserves of Rs. 415.72 crore and securities premium of Rs. 189.48 crore as on March 31, 2025). Investors should note that the share price will technically adjust downward post-split and ex-bonus, and that the split and bonus are subject to shareholder approval at the EGM on October 25, 2025.