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 and a 1:1 bonus issue. The decision was made by the company’s Board of Directors, and the record date for the stock split and bonus issue has been set as July 4, 2025.
Cool Caps Industries has been on a meteoric rise, boasting a market capitalization of over ₹900 crore and an impressive return on equity (ROE) of 26%. The company’s stock has given multibagger returns of over 150% from its 52-week low, making it a attractive investment opportunity for investors.
The stock split, which will reduce the face value of the shares from ₹10 to ₹2, will increase the number of outstanding shares, making the stock more accessible to a wider range of investors. The bonus issue, which will also be at a face value of ₹2, will give existing shareholders an additional share for every share they hold, increasing their stake in the company.
The record date for the stock split and bonus issue has been set as July 4, 2025, which means that only those shareholders who are registered on this date will be eligible to receive the bonus shares and the split shares.
The stock split and bonus issue are a testament to Cool Caps Industries’ financial health and its ability to generate strong returns for its shareholders. The company’s decision to split its stock and issue bonus shares is likely to benefit existing shareholders, who will get more shares at a lower face value, making their investment more valuable.
The stock split and bonus issue are also likely to attract new investors to the stock, who will be able to buy the cheaper shares and participate in the company’s future growth. This could lead to an increase in trading volumes and liquidity in the stock, making it more attractive to institutional investors and other market participants.
Cool Caps Industries’ decision to split its stock and issue bonus shares is also a sign of its confidence in its business model and its ability to generate strong cash flows. The company has a strong track record of profitability, and its decision to reward its shareholders with a stock split and bonus issue is a testament to its commitment to creating value for its shareholders.
In conclusion, Cool Caps Industries’ announcement of a 1:5 stock split and a 1:1 bonus issue is a significant development that is likely to benefit existing shareholders and attract new investors to the stock. The company’s financial health, strong track record of profitability, and growth prospects make it an attractive investment opportunity, and the stock split and bonus issue are likely to be a catalyst for further growth in the stock’s price.
