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 (₹10 to ₹2 face value) and a 1:1 bonus issue (₹2 face value). The company has fixed July 4, 2025, as the record date for this unprecedented move. This decision is expected to significantly boost the company’s share value, making it more attractive to investors.
Cool Caps Industries has been a market darling in recent times, boasting a market capitalization of over ₹900 crore and an impressive return on equity (ROE) of 26%. The company’s shares have given over 150% multibagger returns from its 52-week low, making it a standout performer in the market.
The stock split and bonus issue are aimed at making the company’s shares more affordable and accessible to a wider range of investors. The 1:5 stock split will reduce the face value of the share from ₹10 to ₹2, effectively increasing the number of shares outstanding. The 1:1 bonus issue will provide an additional share to existing shareholders, further increasing the company’s float.
The record date of July 4, 2025, means that investors who hold the company’s shares on this date will be eligible to receive the bonus shares and participate in the stock split. The new shares will be credited to the demat accounts of eligible investors on or after August 1, 2025.
Cool Caps Industries’ decision to opt for a stock split and bonus issue is a testament to its strong financial performance and growth prospects. The company’s focus on innovation and expansion has enabled it to expand its market share and increase its revenue. The bonus issue and stock split are expected to further unlock value for shareholders and provide a boost to the company’s share price.
The stock has been on a tear in recent times, with its share price rising by over 150% from its 52-week low. The company’s strong performance has been driven by its ability to adapt to changing market trends and its focus on quality and innovation. The stock split and bonus issue are expected to further fuel the company’s growth and provide a higher return on investment for shareholders.
Cool Caps Industries’ decision to opt for a stock split and bonus issue is also expected to improve the company’s liquidity and trading volume. With more shares available for trading, the stock is likely to become more liquid, making it easier for investors to buy and sell shares. This could also attract new investors to the stock, further increasing its popularity.
In conclusion, Cool Caps Industries’ announcement of a 1:5 stock split and 1:1 bonus issue is a significant development that is expected to have a positive impact on the company’s share price and performance. The record date of July 4, 2025, provides investors with an opportunity to participate in this unprecedented move and benefit from the company’s growth prospects.
