27 Oct 2025 | 3 Mins Read

Fineotex Chemical to split, issue bonus shares

Flipitmoney

Fineotex Chemical, backed by investor Ashish Kacholia, approved a stock split from one ₹2 share into two ₹1 shares and announced a 4:1 bonus issue at its EGM. Shareholders will receive four bonus shares for every one held. The record date will be declared later, signaling management’s confidence and focus on enhancing liquidity.