
Ashish Kacholia's portfolio stock — Fineotex Chemical — on October 27, announced the record date for determining shareholders' eligibility for stock split and bonus shares.
Fineotex Chemical share price was trading 0.65 per cent up on Tuesday. The stock opened at ₹255.96 per share in the early morning session on October 28, compared to its previous close of ₹254.01. The chemical stock has proven to be a multibagger by doubling shareholders' wealth with a 751 per cent rally in five years.
In an exchange filing, Fineotex Chemical said that the board has fixed Friday, October 31, as the record date for determining shareholders' eligibility for the stock split and bonus shares.
The allotment date of bonus shares has been fixed on Monday, November 03, 2025.
“We further wish to inform you that the Board of Directors of the Company has fixed Friday, October 31, 2025, as the 'Record Date' for the purpose of determining the shareholders eligible for the sub-division of existing equity shares and issuance of bonus equity shares of the Company. The deemed date of allotment of bonus equity shares shall be Monday, November 03, 2025,” the company said in the filing.
The company announced that shareholders had approved splitting one equity share with a face value of ₹2 into two fully paid-up equity shares of ₹1 each. Additionally, they also shared their approval for the issuance of four bonus shares for every one share held post-subdivision.
Fineotex said that the move aligns with its aim to boost liquidity, increase retail investor participation, and reward shareholders for their ongoing support.
According to the latest shareholding pattern for the September quarter of the fiscal year 2025-2026 (FY26), Ashish Kacholia's stake in Fineotex Chemical stood at 2.62% as the ace investor held 30,00,568 shares of the company.
This is lower than 31,35,568 shares or a 2.74 per cent stake held by Kacholia in the preceding quarter ended June 30, 2025.
According to Trendlyne data, Kacholia publicly holds 48 stocks with a net worth of over Rs. 2,871.5 crore.
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