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Fineotex Chemical Limited surged 16 percent after announcing a board meeting on September 27, 2025 to discuss interim dividend, stock split, and bonus issue.
Ashish Kacholia Stock
Stock Under Rs 300: Ashish Kacholia-backed smallcap chemical stock Fineotex Chemical Limited surged 16 per cent intraday on Thursday, September 25, following the board meeting announcement on September 27, 2025 to discuss an interim dividend, stock split and the issue of bonus.
Around 11:00 am, Fineotex Chemical Limited shares traded at Rs 254.50 apiece with a gain of 9.73 per cent. The scrip saw a gap up opening of Rs 250 per share, against the previous day close at Rs 232.15 per share.
The company informed in the filing, “…we would like to inform that a meeting of the Board of Directors of the company is scheduled to be held on Saturday, September 27, 2025 inter-alia to consider and approve; as followed:”
1. The declaration of an Interim Dividend, if any.
2. The alteration in the share capital of the Company by Sub division/Split of existing equity shares having face value of Rs. 2/- each fully paid up in such manner as may be determined by the Board of Directors and such authorities as may be required under Section 61 of the Companies Act, 2013.
3. The issue of Bonus Shares to the existing Equity Shareholders of the Company.
Ashish Kacholia Porfolio
According to Trendlyne, Kacholia holds about 3,135,568 shares or 2.7 per cent equity in Fineotex Chemical Limited with a total investment of Rs 72.8 crore.
Fineotex Chemical Bonus, Dividend History
Fineotex Chemical Limited has a history of rewarding shareholders through bonus issues and dividends. The company issued a 1:1 bonus on 12 February 2015 and carried out a stock split from Rs 10 to Rs 2 per share on 11 June 2015. Over the years, it has consistently declared interim and final dividends, reflecting steady shareholder returns.
In the last four dividend payouts, Fineotex Chemical declared an interim dividend of Rs 0.4000 per share on 18 February 2025, a final dividend of Rs 0.4000 on 3 September 2024, an interim dividend of Rs 1.2000 on 26 February 2024, and a final dividend of Rs 0.8000 on 8 September 2023. These recent dividends highlight the company’s continued focus on returning value to its investors.
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Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
September 25, 2025, 11:36 IST
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