Fineotex Chemical Limited has informed the Exchange that Record date for the purpose of Dividend is 03-Oct-2025.
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Fineotex Chemical's board, at its meeting on September 27, 2025, announced an interim dividend of 40% (Rs. 0.80 per share on the Rs. 2 face value), totalling about Rs. 9.17 crores, with a record date of October 3, 2025 and payment by October 25, 2025. The board also approved a sub-division of equity shares from a face value of Rs. 2 to Rs. 1 (1 share becomes 2 shares) to improve share liquidity and retail participation. In addition, a bonus issue in the ratio of 4:1 (4 bonus shares for every 1 held) was recommended, involving around 91.66 lakh bonus shares to be issued from the Securities Premium Account. The board also approved an increase in authorised share capital from Rs. 28 crore to Rs. 120 crore. All these actions, including the stock split and bonus issue, are subject to shareholder approval at an Extraordinary General Meeting (EGM) scheduled for October 25, 2025.
Shareholders are set to benefit from a combination of cash dividend, a stock split that should make shares more affordable and liquid, and a generous 4:1 bonus issue that multiplies their holdings fivefold post-split. The combined actions are likely to be viewed positively by the market, though the bonus and split remain subject to EGM approval on October 25, 2025.