FCLNSEFineotex Chemical LimitedHighPositive
Announced Tue, 12 Aug · 21:07 IST

Fineotex Chemical Limited has informed the Exchange that Record date for the purpose of Dividend is 13-Sep-2025.

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AI summary

Fineotex Chemical's Board of Directors met on August 12, 2025 and approved several items. The record date for the 22nd Annual General Meeting (AGM) and final dividend has been fixed as Saturday, September 13, 2025, with dividend payment (if declared at the AGM) scheduled by September 30, 2025. The 22nd AGM will be held on Friday, September 19, 2025 via video conferencing. The Board also approved a grant of 58,797 stock options to eligible employees at Rs. 2 per option under the FCL-ESOP 2020 scheme, bringing the total options outstanding to 64,042.

Likely market impact

Shareholders holding shares as of the September 13, 2025 record date will be eligible to receive the final dividend once declared at the AGM. The ESOP grant at Rs. 2 per option (face value) is a routine employee incentive and is within shareholder-approved limits, with minimal dilution impact.