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Fineotex Chemical: Stock jumps after announcing 1:2 stock split and  4:1 bonus issue

Fineotex Chemical Limited approved a 40% interim dividend, a 1:2 stock split, and a 4:1 bonus issue, with shareholder approvals scheduled at October 25, 2025, EGM.

Introduction

Leading specialty chemical firm approved a 40% interim dividend, a 1:2 stock split, and a 4:1 bonus issue, with an Extraordinary General Meeting scheduled October 25, 2025, for shareholder approvals.

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Share price movement of Fineotex Chemical

On September 29, 2025, Fineotex Chemical Ltd opened at ₹262.95, up 5.1% from its previous close of ₹250.25. The stock reached a high of ₹262.95 and a low of ₹251.60. By 2:19 PM, it traded at ₹254.70, a 1.78% increase, with a market cap of ₹2,918.23 crore.

Fineotex Chemical Announces Dividend, Stock Split, Bonus

Fineotex Chemical Limited’s Board approved a 40% interim dividend, paying ₹0.80 per equity share. The record date is October 3, 2025, with payment by October 25, 2025.

The Board approved increasing authorised share capital from ₹28 crore to ₹120 crore. A 1:2 stock split will subdivide each ₹2 equity share into two ₹1 shares.

A bonus issue of equity shares in 4:1 ratio was also approved. The Board fixed October 25, 2025, for the EGM to seek shareholder approvals for these corporate actions.

Recent news on Fineotex Chemical

As of August 07, 2025, Fineotex Chemical Ltd commissioned a new manufacturing facility on seven acres, investing ₹60 crore, increasing production capacity to 15,000 metric tonnes for specialty chemicals.

Ace investor holding in Fineotex Chemical

Ashish Kacholia holds a 2.74% stake in Fineotex Chemical Ltd, owning 31,35,568 shares valued at approximately ₹80.0 crore.

Suresh Kumar Agarwal holds a 1.22% stake in Fineotex Chemical Ltd, owning 14,00,000 shares valued at approximately ₹35.6 crore.

Stock performance of Fineotex Chemical for Period of 1 week, 6 months, and 1 year

Fineotex Chemical Ltd delivered a 5.93% return over the past week, gained 5.80% in the past six months, and declined 38.6% over the past year.

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Shareholding pattern of Fineotex Chemical

ParticularsJun 2025Mar 2025Dec 2024
Promoter63%63%63%
FII3%3%3%
DII3.20%3.70%4%
Public31.40%30.60%30.20%

About Fineotex Chemical

Fineotex Chemical Ltd (NSE: FCL), incorporated in 1979, manufactures specialty chemicals and auxiliaries for textiles, construction, water treatment, fertilizer, leather, and paint industries, offering over 470 products, including cleaning and hygiene solutions globally.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Fineotex Chemical Ltd share price going up today?

A: Fineotex Chemical Ltd’s share price rose after approving a 40% interim dividend, 1:2 stock split, and 4:1 bonus issue, pending shareholder approvals.

Q: How much stake does Ashish Kacholia hold in Fineotex Chemical Ltd stock?

A: Ashish Kacholia holds a 2.74% stake in Fineotex Chemical Ltd, owning 31,35,568 shares valued at ₹80.0 crore.

Q: How much stake does Suresh Kumar Agarwal hold in Fineotex Chemical Ltd stock?

A: Suresh Kumar Agarwal holds a 1.22% stake in Fineotex Chemical Ltd, owning 14,00,000 shares valued at ₹35.6 crore.

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