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 stock split and bonus share issue. The company’s board has recommended a 1:5 stock split, which means the face value of the shares will decrease from ₹10 to ₹2. Additionally, the board has also recommended a 1:1 bonus issue, where shareholders will receive an equal number of new shares. The record date for this exciting development has been set as July 4, 2025.
Cool Caps Industries has been a star performer in the market, with its stock price giving multibagger returns of over 150% from its 52-week low. The company’s market capitalization has also crossed the ₹900 crore mark, making it an attractive investment opportunity for many investors. The company’s impressive financial performance has been reflected in its return on equity (ROE), which stands at a healthy 26%.
The stock split and bonus issue are a significant move by the company to democratize shareholding and increase liquidity in the market. The stock split will make the shares more affordable for investors, allowing them to buy more shares and increase their exposure to the company’s growth potential. The bonus issue, on the other hand, will increase the number of shares outstanding, which can lead to increased trading activity and better price discovery.
The company’s decision to announce the record date as July 4, 2025, suggests that the stock split and bonus issue will be effective from that date. This means that shareholders who hold the company’s shares as of the record date will be eligible to receive the bonus shares and participate in the stock split.
Cool Caps Industries has been a consistent performer in the market, with its stock price showing steady growth over the past few years. The company’s financial performance has been driven by its strong revenue growth, which has been fueled by its increasing market share in the plastic caps industry. The company’s products are widely used in the beverage industry, and its strong relationships with major beverage companies have helped it to maintain its market share.
The company’s financial performance has also been supported by its strong balance sheet, which has a low debt-to-equity ratio. This indicates that the company has a strong financial position and is well-equipped to withstand any future challenges. The company’s ROE of 26% is also a significant positive, indicating that it is generating strong profits from its investments.
The stock split and bonus issue are a significant development for Cool Caps Industries and its shareholders. The move is expected to increase liquidity in the market, making it easier for investors to buy and sell the company’s shares. The bonus issue will also increase the number of shares outstanding, which can lead to increased trading activity and better price discovery.
In conclusion, Cool Caps Industries’ announcement of a stock split and bonus issue is a significant development that is likely to benefit its shareholders. The company’s strong financial performance and impressive growth potential make it an attractive investment opportunity for many investors. The record date for the stock split and bonus issue has been set as July 4, 2025, and shareholders who hold the company’s shares as of that date will be eligible to receive the bonus shares and participate in the stock split.
