Fineotex Chemical Limited has announced a crucial board meeting scheduled for September 27, 2025, where the company will deliberate on several significant corporate actions that could potentially benefit its shareholders.

Key Agenda Items

The board meeting, as disclosed in a regulatory filing, will consider the following important matters:

1. Interim Dividend Declaration: The board will evaluate the possibility of declaring an interim dividend for its shareholders.

2. Stock Split Proposal: A potential sub-division or split of the company's existing equity shares, which currently have a face value of Rs. 2.00 each, will be discussed. The exact ratio of the split will be determined during the meeting.

3. Bonus Shares Issuance: The board will consider issuing bonus shares to existing equity shareholders, which could increase the number of shares held by investors without additional cost.

4. Authorized Share Capital Increase: A proposal to increase the company's authorized share capital will be reviewed, along with consequential alterations to the Memorandum of Association.

Trading Window Closure

In compliance with regulatory requirements, Fineotex Chemical has announced the closure of the trading window for its securities. The window will remain closed until 48 hours after the conclusion of the board meeting, ensuring fair trading practices and preventing insider trading.

Implications for Shareholders

These corporate actions, if approved, could have significant implications for Fineotex Chemical's shareholders:

• The interim dividend, if declared, would provide immediate returns to investors.
• A stock split could potentially increase liquidity and make the shares more accessible to a broader range of investors.
• The issuance of bonus shares would reward existing shareholders by increasing their shareholding without additional investment.
• An increase in authorized share capital could pave the way for future growth and capital-raising initiatives.

Investors and market participants are advised to keep a close watch on the outcome of this board meeting, as the decisions made could impact the company's stock performance and shareholder value in the near term.

The company has stated that further details of these corporate actions will be available on its official website at www.fineotex.com following the board meeting.

Disclaimer: This article is based on the official announcement made by Fineotex Chemical Limited. Investors are advised to conduct their own research and consult financial advisors before making any investment decisions.

Fineotex Chemical Limited (FCL), a leading specialty chemicals manufacturer, has reported robust financial results for the first quarter, demonstrating significant growth across key metrics. The company also announced several corporate developments, including the appointment of a new independent director and the commissioning of a state-of-the-art manufacturing facility.

Financial Highlights

FCL reported consolidated revenue from operations of Rs. 13,707.00 lakhs, marking a 14.43% increase from Rs. 11,979.00 lakhs in the previous quarter. The company's profit after tax (PAT) saw an impressive growth of 24.34%, rising to Rs. 2,503.00 lakhs from Rs. 2,013.00 lakhs in the preceding quarter.

Operational EBITDA for the quarter increased by 18.37% to Rs. 2,520.00 lakhs, up from Rs. 2,129.00 lakhs in the previous quarter. The consolidated Return on Invested Capital (ROIC) stood at approximately 30.72%.

Volume Growth and Operational Expansion

FCL reported a significant volume growth of 14.73% for its consolidated business compared to the previous quarter. This growth aligns with the company's recent expansion efforts, including the commissioning of a new manufacturing facility.

The company announced the commencement of commercial production at its new state-of-the-art manufacturing facility in Ambernath. This expansion adds 3,00,000 square feet to FCL's operational footprint, enhancing its production capacity and strategic connectivity. The new facility is expected to enable FCL to introduce more products and eco-friendly solutions to meet evolving customer needs in the specialty chemical industry.

Corporate Governance and Leadership

FCL's Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, has appointed Mr. Chetan Shah as an Additional Director in the category of Non-Executive, Independent Director. Mr. Shah, who brings over 30 years of experience in capital markets, securities business, and financial planning, will serve for a term of five consecutive years, subject to shareholder approval at the forthcoming Annual General Meeting.

Employee Stock Option Plan

The Nomination and Remuneration Committee has approved the grant of an additional 58,797 stock options at a face value of Rs. 2.00 each to eligible employees under the Fineotex Chemical Limited - Employee Stock Option Plan 2020 (FCL-ESOP 2020). This brings the total number of options granted and outstanding to 64,042.

Annual General Meeting and Dividend

FCL has scheduled its 22nd Annual General Meeting for Friday, September 19, to be held through video conferencing. The company has set September 13 as the record date for the purpose of the AGM and payment of final dividend. If declared at the AGM, the dividend will be paid on or before September 30.

Outlook

With its strong financial performance, operational expansion, and strategic appointments, Fineotex Chemical Limited appears well-positioned for continued growth in the specialty chemicals sector. The company's focus on enhancing production capacity and developing eco-friendly solutions aligns with industry trends and customer demands, potentially setting the stage for sustained success in the coming quarters.