Fineotex Chemical Limited has informed the Exchange that Record date for the purpose of Bonus & Split/Subdivision is Friday, 31-Oct-2025.
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Fineotex Chemical Limited has fixed Friday, 31-Oct-2025 as the record date to determine eligible shareholders for a proposed Bonus issue and Stock Split/Subdivision. Investors holding shares on or before this date will be entitled to receive the bonus shares and benefit from the split. The specific bonus ratio and split ratio have not been disclosed in this filing. Both corporate actions together typically increase the number of shares outstanding and improve liquidity.
Both bonus issues and stock splits are generally viewed positively by retail investors as they enhance share liquidity and make the stock more affordable, often leading to short-term price adjustments to reflect the new share count.