Fineotex Chemical Stock Jumps 17% as Board to Weigh Dividend, Stock Split, and Bonus Issue

Market Performance

The stock market today saw a sharp move in Fineotex Chemical, a small-cap player in the specialty chemical space. On Thursday, the stock surged nearly 17% during intraday trade, drawing attention from investors after the company announced key boardroom decisions scheduled in the coming days.

The scrip hit an intraday high of ₹271 on the BSE, climbing 16.6% from the previous close of ₹232.40. Despite this strong momentum, the stock remains 38% below its 52-week high of ₹438.60 recorded in October last year. At the same time, it is trading well above its 52-week low of ₹192.05, touched in April 2025.

Main News

Fineotex Chemical notified exchanges that its Board of Directors will meet on Saturday, September 27, 2025. The agenda includes:

• Declaration of interim dividend
• Sub-division (stock split) of shares with a face value of ₹2
• Issue of bonus shares to existing shareholders

The company stated that the trading window will stay shut until 48 hours after the board meeting ends.

If approved, these moves will mark a significant corporate milestone. The last time Fineotex Chemical undertook such actions was a decade ago. In 2015, the company executed a stock split in a 1:5 ratio and issued bonus shares in a 1:1 ratio. Its most recent dividend payout was ₹0.40 per share, with a record date of September 12.

Company Details & Shareholding

Fineotex Chemical is widely tracked in the small-cap segment. The company has a strong history of rewarding shareholders through corporate actions, which adds to the buzz around this development.

As per the latest shareholding data, prominent market participants continue to hold notable stakes in the company, highlighting investor interest in its long-term growth story.

Share Price Trend

The price action in Fineotex Chemical has been volatile:

• Past 6 months: Up 13%
• Year-to-date 2025: Down 24%
• 1-year performance: Down 36%
• 10-year performance: Up 1148% (multibagger growth)
• Long-term gain: 722% rise over extended timeframe

This combination of sharp short-term corrections and massive long-term wealth creation makes the stock one of the more intriguing names in the specialty chemical space.

Summary

In summary, Fineotex Chemical’s 17% surge on Thursday reflects investor anticipation ahead of its board meeting on September 27, 2025. With dividend, stock split, and bonus issue on the agenda, the market is closely watching how the company rewards its shareholders this time around.

While the stock has delivered strong long-term returns—up more than 1100% in the last decade—its recent volatility shows the balancing act of short-term corrections and long-term growth.