Cool Caps Announces Record Date for Stock Split & Bonus Share
Cool Caps Industries, a leading manufacturer of plastic caps for beverages, has made a significant announcement that is likely to delight its shareholders. The company has declared a 1:5 stock split, along with a 1:1 bonus issue, with a record date set for July 4, 2025. This move is expected to make the stock more accessible and attractive to a wider range of investors.
Cool Caps Industries has been a consistent performer in the market, boasting a market capitalization of over ₹900 crore and a robust return on equity (ROE) of 26%. The company’s stock has given multibagger returns of over 150% from its 52-week low, making it an attractive investment option for many.
The 1:5 stock split, which will reduce the face value of the stock from ₹10 to ₹2, is expected to make the stock more affordable for retail investors. This move will also increase the liquidity of the stock, making it easier for investors to buy and sell shares.
The 1:1 bonus issue, on the other hand, will issue one bonus share for every one share held by the shareholder. This will increase the number of shares outstanding, but will not dilute the value of the shares. The bonus shares will also be issued at a face value of ₹2, making them a valuable addition to the investor’s portfolio.
The record date for the stock split and bonus issue has been set as July 4, 2025. This means that shareholders who own the stock as of the cut-off date will be eligible to receive the bonus shares and participate in the stock split.
Cool Caps Industries has been a successful company, with a strong track record of growth and profitability. The company’s products are widely used in the beverage industry, and its manufacturing facilities are equipped with state-of-the-art technology to ensure high-quality products.
The company’s financial performance has been impressive, with consistently high revenue growth and profitability. In the latest quarter, Cool Caps Industries reported a revenue growth of 25% year-on-year, with net profit growing by 30%. The company’s ROE of 26% is one of the highest in the industry, indicating its ability to generate strong returns for shareholders.
The stock split and bonus issue are expected to be a significant catalyst for the stock, making it more attractive to investors and increasing its liquidity. The company’s strong financial performance and growth prospects make it an attractive investment option for many.
In conclusion, Cool Caps Industries’ announcement of a 1:5 stock split and 1:1 bonus issue is a significant development that is likely to delight its shareholders. The record date of July 4, 2025, provides investors with a clear timeline to participate in this exciting development. With the company’s strong financial performance and growth prospects, this move is expected to make the stock even more attractive to investors.
