Specialty Chemical Stock of Ashish Kacholia To Declare Stock Split, Bonus Shares & Interim Dividend

Fineotex Chemical Ltd, a small-cap company in the specialty chemical sector have declared that the Board of Directors of the company is scheduled to be held on Saturday, September 27, 2025 will discuss and approve 3 corporate actions in the form of bonus shares, stock split and dividend.

"Pursuant to regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that a meeting of the Board of Directors of the company is scheduled to be held on Saturday, September 27, 2025 inter-alia to consider and approve; 1.The declaration of an Interim Dividend, if any. 2. The alteration in the share capital of the Company by Sub-division/Split of existing equity shares having face value of Rs. 2/- each fully paid up in such manner as may be determined by the Board of Directors and such authorities as may be required under Section 61 of the Companies Act, 2013. 3. The issue of Bonus Shares to the existing Equity Shareholders of the Company. 4. The increase in Authorized Share Capital and consequential alteration in Capital Clause of the Memorandum of Association of the Company. 5. Any other Matter with the permission of the chair," said Fineotex Chemical in a stock exchange filing.

In a separate exchange filing, Fineotex Chemical has informed to stock exchanges that "This is to inform you that pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 and amendment thereof and in compliance with the Company's Code of Conduct to regulate, monitor and report Trading by Insiders, the Trading Window for dealing in the securities of the Company is closed w.e.f today i.e. Wednesday, September 24, 2025 till the end of 48 hours of the conclusion of the Board Meeting which is scheduled to be held on Saturday, September 27, 2025. All the Directors/Designated employees of the Company and their immediate relatives are prohibited from trading in the securities of the company during the period of closure of trading window as stated above. The Communication to this effect has been forwarded to all the Directors/Officers/Designated Employees of the Company,"

Producing chemicals for pre-treatment, dyeing, printing, and finishing, Fineotex Chemical Limited is an Indian specialty chemical producer that specializes in the textile sector. Fineotex, which was founded in 1979 and has its headquarters in Mumbai, provides services to the home care, water treatment, oil and gas, leather, paint, and FMCG (cleaning and hygiene) industries. The firm is listed on the BSE and NSE and runs manufacturing plants in Malaysia and India.

Ace investor Ashish Kacholia owns 31,35,568 shares in Fineotex Chemical, or simply 2.74% stake in the firm, according to the most recent shareholding data for the quarter that ended in June 2025, or Q1FY26.