Fineotex Chemical Limited — Dividend/Bonus, 27-09-2025: Dividend
27-09-2025 | 05:21 pm
27-09-2025 | 05:21 pm
Fineotex Chemical's Board has approved an interim dividend of Rs. 0.80 per share, totaling approximately Rs. 9.17 Cr. The record date is October 3, with payment expected by October 25.
Additionally, the company proposes a 1:2 stock split, converting each Rs. 2 face value share into two Rs. 1 face value shares, aiming to boost liquidity. Following this, a 4:1 bonus issue (four new shares for every one held) is planned, funded by about Rs. 91.66 Cr from the securities premium. These shareholder-friendly corporate actions await investor approval.
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