Ashish Kacholia portfolio stock declares 4:1 bonus shares, 1:2 stock split, 40% dividend; do you own?
Ashish Kacholia's portfolio stock, Fineotex Chemical, declared that the company's board of directors has decided to announce bonus shares, a stock split, and a 40% dividend issue. Shares of the company closed 2.35% higher last week.
Ashish Kacholia's portfolio stock, Fineotex Chemical, declared that the company's board of directors has decided to announce bonus shares, a stock split, and a 40% dividend issue, according to an exchange filing on Saturday, 27 September 2025.
Fineotex Chemical held its board meeting on Saturday, 27 September 2025, where the members considered and approved the corporate action moves.
Fineotex Chemical bonus issue
Fineotex Chemical's board of directors announced a bonus issue of shares at the ratio og 4:1 for stock market investors. This means that every eligible shareholder will get four bonus shares for every one share held in the company.
“Issue of bonus equity shares in the ratio of 4:1, i.e., four bonus equity shares of ₹1/- each for every one equity share of ₹1/- each fully paid-up, held by the shareholders of the company as on the record date, subject to the approval of shareholders in the Extraordinary General Meeting,” the company informed the exchanges through its filing.
However, the company has not announced the record date for the bonus issue of shares.
Fineotex Chemical dividend
Fineotex Chemical on Saturday announced that the company's board of directors have declared an interim dividend of ₹0.80 per share.
This means that every eligible shareholder in the company will receive a dividend payment of ₹0.80 per share for every stock they own in the company up to one day ahead of the record date.
“Interim Dividend of 40% i.e., Rs. 0.80/- (Rupees Eighty Paise Only) per equity share of face value of Rs. 2/- each, aggregating to ₹9.17 crores approx,” the company said in its filing.
Fineotex Chemical also announced that the ‘Record Date’ of the dividend issue has been fixed to be on Friday, 3 October 2025, and the dividend will be paid on or before 25 October 2025.
Fineotex Chemical stock split
Fineotex Chemical also announced that the company shares will witness a stock split in the ratio of 1:2. The company will announce the record date for the stock split soon.
“Sub-division of one equity share of face value of ₹2/- each fully paid-up into two equity shares of face value of ₹1/- each fully paid-up, held by the shareholders of the company as on the record date, subject to the approval of shareholders in the Extraordinary General Meeting,” said the company.
Fineotex Chemical share price trend
Fineotex Chemical share price closed 2.35% higher at ₹250.25 after Friday's market session, compared to ₹244.50 at the previous market close. The company announced the corporate action updates on Saturday.
Shares of Fineotex Chemical have given stock market investors more than 674% returns on their investment in the last five years. However, the stock has lost over 37% in the last one-year period.
On a year-to-date (YTD) basis, the stock has dropped 26.56% in 2025, but is up 6.42% in the last one-month period. The company's shares have been trading 6.25% higher in the last five market sessions on the Indian stock market.
Fineotex Chemical shares hit their 52-week high level at ₹438.60 on 3 October 2024, while the 52-week low level was at ₹192.05 on 7 April 2025, according to the data collected from the BSE website. The company's market capitalisation (M-Cap) stood at ₹2,867.24 crore as of the stock market close on Friday, 26 September 2025.
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