Promoters Pour Money Into This Specialty Chemical Stock After 1:2 Split & 4:1 Bonus Issue

Fineotex Chemical Limited (FCL), one of India's major multinational specialty performance chemical companies, successfully exercises warrants on a preferential basis on 21st November, 2025. The corporation made the announcement on Monday, 1st December by claiming that the equity shares have been issued to a mix of promoter and non-promoter investors.

The promoter group has demonstrated a strong commitment to the company's long-term value-creation potential, operational strength, and strategic direction by actively participating in the exercise of warrants.

"The funds raised will be deployed towards working capital requirements and for potential acquisitions, supporting expansion plans and strengthening its position in domestic and international markets," said Fineotex Chemical in a stock exchange filing.

Mr. Sanjay Tibrewala, Executive Director, Fineotex Chemical Limited said, "The exercise of warrant and the significant participation from promoter group reflects strong confidence in the strategic roadmap. This participation goes beyond a financial action, it reflects our unwavering confidence in operational capabilities and the strong business momentum visible across key segments. Our decision to further increase stake at this juncture serves as a powerful endorsement of our long-term prospects, signalling that we believe in the Company's ability to scale, innovate and generate sustained value for all stakeholders. The additional capital will support our operations, working capital needs, and future acquisition opportunities as we continue to build on our growth momentum."

Recently, Fineotex Chemical Limited carried out a 4:1 bonus share, issuing four new shares for each share held, and a 1:2 stock split, splitting one share into two. October 31, 2025, was the record date for both corporate actions.

Each existing equity share with a face value of Rs 2 was split into two equity shares having a face value of Rs 1 each. In reality, the ratio was 1:2. Following the stock split, eligible shareholders got four bonus shares of Rs 1 face value for every one share held, a 4:1 bonus ratio. As a result, shareholders ended up holding 10 shares overall for each share owned prior to the record date.

Additionally, Fineotex Chemical Limited (FCL) announced a historic strategic acquisition of a leading U.S. Specialty Oilfield Chemicals Group - The CrudeChem Technologies Group in the United States of America through its subsidiary, which represents a revolutionary step in the company's path toward worldwide expansion and technological leadership in high-performance and sustainable chemical solutions. The acquisition represents a significant turning point in Fineotex's worldwide expansion strategy, which aims to create a $200 million oil field chemical business in the upcoming years.

Fineotex Chemical Limited is one of the top Indian multinational specialty chemical companies and delivers sustainable technology driven solutions to numerous sectors mainly the textile & garment processing, clean and homecare &, water treatment, oil & gas. With state-of-the-art manufacturing facilities in Ambernath, Navi Mumbai (India) and Selangor (Malaysia), and an additional upcoming facility in Ambernath, Fineotex is at the forefront of innovation and sustainability. Fineotex services clients throughout ~70 countries with a broad network of 103+ dealers & distributors in India,