Description

Fineotex Chemical Limited announces sub-division and bonus issue in the ratio of 4:1 with record date October 31, 2025 and effective listing date November 4, 2025.

Summary

Fineotex Chemical Limited (Scrip Code: 533333) has announced a sub-division and bonus issue of equity shares in the ratio of 4:1. The Board of Directors has fixed October 31, 2025 as the record date for this corporate action. The deemed date of allotment will be November 3, 2025, resulting in 91,66,00,720 bonus shares. The company has undertaken to set up Auto Corporate Action with CDSL and NSDL depositories for execution.

Key Points

  • Bonus issue ratio: 4 new equity shares for every 1 existing equity share
  • Record date: October 31, 2025
  • Deemed date of allotment: November 3, 2025
  • Effective listing date: November 4, 2025
  • Total bonus shares to be issued: 91,66,00,720
  • ISIN: INE045J01026
  • Distinctive numbers: 229150181 to 1145750900
  • Auto Corporate Action to be executed by 12 PM on T+1 day (November 1, 2025)
  • Shares available for trading on Beginning of Day (BOD) on T+2 day (November 4, 2025)

Regulatory Changes

No regulatory changes are introduced by this circular. This is a standard corporate action announcement.

Compliance Requirements

  • Company must set up Auto Corporate Action with both CDSL and NSDL depositories
  • Execution must be completed by 12 PM on the next working day after record date (T+1)
  • Company undertakes to resolve any complaints arising from failure to complete formalities for Auto Corporate Action execution
  • Shares must be available for trading at Beginning of Day on T+2 (November 4, 2025)

Important Dates

  • October 29, 2025: Circular date
  • October 31, 2025: Record date for sub-division and bonus issue
  • November 1, 2025: Auto Corporate Action execution deadline (12 PM)
  • November 3, 2025: Deemed date of allotment
  • November 4, 2025: Effective listing date and trading commencement

Impact Assessment

Shareholder Impact: Existing shareholders will receive 4 new equity shares for every 1 share held, resulting in a 5x increase in total shareholding. While the number of shares increases substantially, this is a neutral event in terms of economic value as the market capitalization remains unchanged.

Market Impact: The sub-division and bonus issue will increase liquidity by expanding the share count from approximately 18.33 crore to 91.66 crore shares. The per-share price is expected to adjust proportionately downward, making shares more affordable for retail investors.

Trading Impact: Trading in the adjusted shares will commence on November 4, 2025 at Beginning of Day, ensuring smooth transition and minimal disruption to market operations.

Impact Justification

Significant corporate action affecting all shareholders with 4:1 bonus ratio, creating substantial increase in share count but neutral impact on market capitalization