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 dual bonanza for its shareholders. The company’s board of directors has recommended a 1:5 stock split, where the face value of the shares will be reduced from ₹10 to ₹2. Additionally, the board has also approved a 1:1 bonus issue, where existing shareholders will receive an equal number of bonus shares. The record date for this stock split and bonus issue has been fixed as July 4, 2025.
Cool Caps Industries has been gaining traction in the market, with its stock price surging over 150% from its 52-week low. The company’s impressive performance has been backed by its robust financials, with a market capitalization of over ₹900 crore and a return on equity (ROE) of 26%. The stock split and bonus issue are expected to further boost the company’s valuation and make it more attractive to investors.
The stock split is a strategic move by the company to make its shares more accessible to a wider range of investors. By reducing the face value of the shares, the company is making it easier for new investors to enter the market and increase liquidity. The bonus issue, on the other hand, is a way for the company to reward its existing shareholders and increase their stake in the company.
Cool Caps Industries is a leading player in the plastic caps market, with a strong presence in the beverage industry. The company’s products are used by major beverage companies to seal and protect their products. With the increasing demand for packaged beverages, the company’s products are in high demand, and its financials reflect this growth.
The company’s impressive financials are reflected in its revenue and profit growth. In the latest quarter, the company’s revenue grew by 25% year-on-year, while its net profit grew by 30% year-on-year. The company’s ROE of 26% is also a testament to its strong financial performance.
The stock split and bonus issue are expected to benefit both existing and new investors in the company. Existing shareholders will receive more shares, increasing their stake in the company, while new investors will have access to a more affordable stock price. This is likely to increase the liquidity of the stock and make it more attractive to investors.
The company’s move to split its stock and issue bonus shares is a clear indication of its confidence in its future growth prospects. With its strong financials and growth prospects, Cool Caps Industries is likely to continue to be a leading player in the plastic caps market.
In conclusion, Cool Caps Industries’ announcement of a 1:5 stock split and a 1:1 bonus issue is a significant development for the company and its shareholders. The record date for this stock split and bonus issue has been fixed as July 4, 2025. The company’s impressive financials and growth prospects make it an attractive investment opportunity, and the stock split and bonus issue are likely to further boost its valuation.
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