Cool Caps Announces Record Date for Stock Split & Bonus Share
In a move that is expected to bring joy to its shareholders, Cool Caps Industries 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 announcement has sent shockwaves in the market, with the stock already giving multibagger returns of over 150% from its 52-week low.
For the uninitiated, Cool Caps Industries is a leading manufacturer of plastic caps for beverages, with a market capitalization of over ₹900 crore. The company has been consistently delivering impressive returns to its investors, with a remarkable return on equity (ROE) of 26%.
The decision to split the stock and issue bonus shares is a testament to the company’s confidence in its future growth prospects. The stock split will reduce the face value of the shares from ₹10 to ₹2, making the company more accessible to a wider range of investors. The bonus issue, on the other hand, will increase the number of shares held by existing shareholders, further diluting the face value to ₹2.
Cool Caps Industries has a reputation for its high-quality products and efficient operations. The company’s caps are used by some of the largest beverage companies in the country, and its products are known for their durability and sustainability. With the company’s strong track record of performance and its expanding customer base, it’s no surprise that investors are excited about the prospect of a stock split and bonus issue.
The record date for the stock split and bonus issue has been set as July 4, 2025. This means that shareholders who own the company’s shares as of this date will be eligible to receive the new shares. The company has not yet announced the exact date of the bonus issue, but it is expected to take place shortly after the record date.
The stock has already given impressive returns to its investors, with a multibagger return of over 150% from its 52-week low. This is a testament to the company’s strong fundamentals and its ability to deliver consistent growth over time. With the stock split and bonus issue, investors can expect even more value from their investment in Cool Caps Industries.
In conclusion, the announcement of a 1:5 stock split and a 1:1 bonus share issue by Cool Caps Industries is a significant development for the company and its shareholders. The record date has been set as July 4, 2025, and investors who own the company’s shares as of this date will be eligible to receive the new shares. With the company’s strong track record of performance and its expanding customer base, there’s no doubt that this announcement will bring joy to its shareholders.
