Cool Caps Announces Record Date for Stock Split & Bonus Share
In a recent development, Cool Caps Industries, a leading manufacturer of plastic caps for beverages, has announced a major decision that is likely to delight its shareholders. The company’s Board of Directors has recommended a 1:5 stock split, which will reduce the face value of the shares from ₹10 to ₹2, and a 1:1 bonus issue, which will increase the number of shares held by shareholders without any additional payment. The record date for this stock split and bonus issue has been set as July 4, 2025.
Cool Caps Industries is a well-established company with a market capitalization of over ₹900 crore and a return on equity (ROE) of 26%. The company’s shares have been performing exceptionally well, with a multibagger return of over 150% from its 52-week low. This is a significant achievement, especially considering the volatile market conditions that the company has faced in recent years.
The stock split and bonus issue are likely to make the shares more accessible to a wider range of investors, including retail investors. This is because the reduced face value of the shares will make them more affordable, and the increased number of shares will provide shareholders with more liquidity. Furthermore, the bonus issue will increase the total number of shares outstanding, which may lead to a decrease in the stock’s price, making it more attractive to new investors.
The stock split and bonus issue are also likely to benefit existing shareholders, who will see their holdings increase without having to pay any additional money. This is a significant advantage, especially for long-term investors who have held onto the shares for a significant period. The increased value of their holdings will provide them with a higher return on investment, making their long-term holding more profitable.
Cool Caps Industries is a well-established company with a strong track record of performance. The company has been consistently delivering strong financial results, with a growth rate of over 20% per annum in recent years. The company’s products are in high demand, and its manufacturing facilities are equipped with state-of-the-art technology, enabling it to maintain high-quality standards.
The company’s management team has a strong reputation for their ability to make strategic decisions that benefit the company and its shareholders. The team has a deep understanding of the industry and has successfully navigated the company through challenging market conditions.
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 benefit both existing and new investors. The reduced face value of the shares and the increased number of shares outstanding will make the shares more accessible to a wider range of investors, and the increased value of existing holdings will provide shareholders with a higher return on investment. This is a great opportunity for investors to benefit from the company’s strong track record of performance and its growth prospects.
Source:
