Cool Caps Announces Record Date for Stock Split & Bonus Share
In a move that is likely to cheer its shareholders, Cool Caps Industries has announced a 1:5 stock split and a 1:1 bonus issue. The Board of Directors of the company has recommended the stock split, which will reduce the face value of the share from ₹10 to ₹2. Additionally, the company will issue one bonus share for every share held by its investors.
The record date for the stock split and bonus issue has been set as July 4, 2025. This means that only those shareholders who are on the company’s records as of July 4, 2025, will be eligible to receive the bonus shares and the new shares resulting from the stock split.
Cool Caps Industries is a leading manufacturer of plastic caps for beverages, with a market capitalization of over ₹900 crore and a return on equity (ROE) of 26%. The company’s shares have given multibagger returns of over 150% from its 52-week low, making it an attractive investment option for many investors.
The stock split and bonus issue are likely to make the company’s shares more accessible to a wider range of investors. The reduced face value of the share will make it easier for small investors to buy and hold the stock, while the bonus issue will increase the number of shares available in the market.
Cool Caps Industries’ decision to announce a stock split and bonus issue is a sign of its confidence in its future prospects. The company has been performing well in recent times, and the stock split and bonus issue are likely to boost investor sentiment and drive up the stock price.
In recent times, there has been a growing trend of companies announcing stock splits and bonus issues to reward their shareholders and boost investor confidence. These moves can have a positive impact on the stock price, as they increase the number of shares available in the market and make the stock more attractive to investors.
Cool Caps Industries’ announcement is likely to be welcomed by its shareholders, who have been rewarded with multibagger returns from their investment. The company’s decision to announce a stock split and bonus issue is a sign of its commitment to creating value for its shareholders and driving long-term growth.
In conclusion, Cool Caps Industries’ announcement of a 1:5 stock split and 1:1 bonus issue is a welcome move that is likely to boost investor sentiment and drive up the stock price. The record date for the stock split and bonus issue has been set as July 4, 2025, and only those shareholders who are on the company’s records as of that date will be eligible to receive the bonus shares and the new shares resulting from the stock split.
