Fineotex Chemical Limited (FCL) has announced significant corporate actions that are set to benefit its shareholders. At an Extraordinary General Meeting (EGM) held on October 25, 2025, the company's shareholders approved two key measures: a stock split and a bonus share issuance.

Stock Split Details

FCL will subdivide its existing equity shares, effectively doubling the number of shares while halving their face value:

Bonus Share Issuance

Following the stock split, FCL will issue bonus shares to its shareholders:

Important Dates

Shareholders should take note of the following crucial dates:

The record date is particularly important as it determines the eligibility of shareholders for both the stock split and bonus share issuance.

Implications for Shareholders

These corporate actions are likely to enhance the liquidity of FCL's shares in the market. While the stock split doesn't directly impact the company's market capitalization, it makes the shares more accessible to a broader range of investors due to the lower per-share price.

The bonus issue rewards existing shareholders by increasing their shareholding without any additional cost. It's important to note that while the number of shares will increase, the proportional ownership of each shareholder in the company remains unchanged.

FCL's decision to undertake these corporate actions may be seen as a positive signal, potentially indicating the management's confidence in the company's future prospects. However, shareholders should remember that these actions do not, in themselves, change the fundamental value of their holdings or the company's overall market capitalization.

As always, investors are advised to consider their individual financial goals and risk tolerance when making investment decisions. It's also recommended to consult with a financial advisor to understand the potential tax implications of these corporate actions on their investment portfolio.

Fineotex Chemical Limited , a prominent player in the chemical industry, recently conducted an Extraordinary General Meeting (EGM) to discuss and vote on significant corporate actions. The meeting, held on October 25, 2025, through video conferencing, saw the participation of 50 members and was chaired by Executive Director Mrs. Aarti Jhunjhunwala.

Key Proposals

The EGM agenda included three special resolutions:

1. Increase in authorized share capital with consequential alteration in the Memorandum of Association
2. Sub-division/split of equity shares with related amendments
3. Issuance of bonus shares

These proposals, if approved, could potentially impact the company's capital structure and shareholder value.

Meeting Details

Notable Attendees

The meeting saw virtual participation from key company officials:

Voting Process and Results

The company provided remote e-voting facilities through NSDL for shareholders to cast their votes on the proposed resolutions. The voting results are expected to be declared within two working days of the EGM conclusion and will be filed with the stock exchanges.

Investor Relations

Fineotex Chemical has encouraged shareholders to reach out with any additional queries or concerns via email at investor.relations@fineotex.com , demonstrating their commitment to transparent communication with stakeholders.

The outcome of this EGM could potentially lead to significant changes in Fineotex Chemical's share structure and capital allocation. Shareholders and market observers will be keenly awaiting the voting results and subsequent implementation of these corporate actions, if approved.