31 Oct 2025 | 5 Mins Read
Kacholia portfolio stock sees 20% surge on ex-split and bonus issue day
Flipitmoney
Ashish Kacholia-owned stock Fineotex Chemical surged 20% after becoming ex-record and ex-date for a 1:2 stock split and 4:1 bonus issue, effective October 31. Investors with 50 shares before the record date will end up with 500 shares, but the value remains the same due to the adjusted stock price. The stock hit ₹29.80, up from ₹24.85, with Kacholia holding a 2.62% stake in the company.