Cool Caps Announces Record Date for Stock Split & Bonus Share
In a significant move, Cool Caps Industries, a leading manufacturer of plastic caps for beverages, has announced a record date for its stock split and bonus share issue. 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 outstanding by 100%. The record date for this historic event has been set as July 4, 2025.
Cool Caps has been a darling of the market, with its stock giving multibagger returns of over 150% from its 52-week low. The company’s market capitalization has crossed the ₹900 crore mark, and its return on equity (ROE) stands at a healthy 26%. The stock split and bonus issue are seen as a way to reward shareholders and make the company’s equity more accessible to a wider range of investors.
The stock split will reduce the face value of the shares from ₹10 to ₹2, making it more attractive to retail investors and institutional investors who have been looking for opportunities to invest in the company. The bonus issue, on the other hand, will increase the number of shares outstanding by 100%, making it more attractive to investors who are looking for a higher exposure to the company’s equity.
Cool Caps has been a consistent performer in the market, with its stock price rising steadily over the past few years. The company’s financials have been strong, with its revenue and profit growth outpacing the industry average. The company’s management has been focused on expanding its product portfolio, improving its manufacturing capabilities, and increasing its market share.
The stock split and bonus issue are seen as a way to unlock the company’s value and make it more attractive to investors. The company’s management has stated that the stock split and bonus issue are designed to increase the liquidity of the shares and make it easier for investors to buy and sell the stock.
The record date for the stock split and bonus issue has been set as July 4, 2025, which means that investors will need to hold the shares in their demat accounts on that date to be eligible for the bonus issue and stock split. The ex-date for the stock split and bonus issue will be July 5, 2025, and the shares will be credited to the demat accounts of investors on July 6, 2025.
Cool Caps is one of the leading players in the plastic caps market, and its stock has been in high demand among investors. The company’s financials have been strong, and its management has been focused on expanding its operations and increasing its market share. The stock split and bonus issue are seen as a way to reward shareholders and make the company’s equity more accessible to a wider range of investors.
In conclusion, Cool Caps’ announcement of a record date for its stock split and bonus issue is a significant event in the market. The company’s stock has given multibagger returns of over 150% from its 52-week low, and its financials have been strong. The stock split and bonus issue are seen as a way to unlock the company’s value and make it more attractive to investors. Investors who hold the shares in their demat accounts on the record date will be eligible for the bonus issue and stock split.
