Cool Caps Announces Record Date for Stock Split & Bonus Share
In a significant development, Cool Caps Industries, a leading manufacturer of plastic caps for beverages, has announced a 1:5 stock split and a 1:1 bonus share issue. The record date for this exciting development has been set as July 4, 2025. This news is likely to send shockwaves in the financial markets, given the company’s impressive performance and the potential benefits it offers to its existing shareholders.
Cool Caps Industries has been a standout performer in the Indian market, boasting a market capitalization of over ₹900 crore and a 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 option for investors seeking high returns.
Stock Split: A 1:5 Ratio
As part of the stock split, the face value of the company’s shares will be reduced from ₹10 to ₹2. This means that shareholders will receive five shares for every one share they hold, resulting in a significant increase in the total number of outstanding shares. The stock split is aimed at making the company’s shares more affordable and attractive to a wider range of investors.
Bonus Share Issue: A 1:1 Ratio
In addition to the stock split, Cool Caps Industries has also announced a 1:1 bonus share issue. This means that shareholders will receive one additional share for every one share they hold, resulting in a 100% increase in their holdings. The bonus share issue is aimed at rewarding existing shareholders and encouraging them to hold onto their shares for the long term.
Record Date: July 4, 2025
The record date for the stock split and bonus share issue has been set as July 4, 2025. This means that only those shareholders who are on the company’s records as of this date will be eligible to receive the additional shares.
Why the Stock Split and Bonus Share Issue Make Sense
The stock split and bonus share issue are likely to benefit existing shareholders in several ways. Firstly, the stock split will make the company’s shares more affordable and attractive to a wider range of investors, which could lead to a increase in demand and a higher stock price. Secondly, the bonus share issue will give existing shareholders a greater stake in the company, which could lead to higher returns in the long term.
Conclusion
Cool Caps Industries’ decision to announce a 1:5 stock split and a 1:1 bonus share issue is a significant development that is likely to benefit existing shareholders. The record date for this exciting development has been set as July 4, 2025. With a market capitalization of over ₹900 crore and an ROE of 26%, Cool Caps Industries is an attractive option for investors seeking high returns. We will continue to monitor the company’s performance and provide updates on any further developments.
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