25 Sep 2025 | 5 Mins Read
Fineotex Chemicals shares rise 16% prior to board meet
Flipitmoney
Shares of Fineotex Chemicals Ltd. surged as much as 16% on Thursday. Fineotex Chemicals Ltd's board will meet on September 27 to consider a bonus issue of shares, a stock split, and a dividend payout. This will be the company's first bonus issue and stock split in 10 years. If approved, the stock split is likely to be a 1:1 ratio, increasing liquidity and making shares easier to buy and sell.