findocblog

Category: Split

  • Kothari Products Ltd. Announces 1:1 Bonus Issue to Reward Shareholders

    Kothari Products Ltd. Announces 1:1 Bonus Issue to Reward Shareholders

    Kothari Products Ltd. (KPL), a diversified small-cap company engaged in international trade, real estate development, and investments, has announced a 1:1 bonus issue, offering shareholders one additional fully paid-up equity share for every existing share held.

    Key Details of the Stock Split

    • Bonus Ratio: 1:1 (One bonus share for every one existing share).
    • Record Date: February 18, 2025 – Shareholders holding shares as of this date will be eligible for the bonus issue.
    • Allotment Date: The newly issued shares will be credited to shareholders’ demat accounts on February 19, 2025.

    In its stock exchange filing, Kothari Products stated:
    “The Board of Directors has approved the issuance of bonus shares in the ratio of 1:1, subject to shareholder approval through postal ballot.”

    Financial Performance

    Kothari Products Ltd. has shown consistent growth across key financial indicators:

    • Q3 FY25 Results Date: February 14, 2025 – The company will announce its unaudited Standalone and Consolidated Financial Results for Q3 and the nine months ending December 31, 2024.
    • Recent Profitability: The company has maintained strong financial performance, with steady earnings growth supporting its bonus issuance decision.
    • Trading Window Closure: Due to insider trading regulations, the trading window has been closed since January 1, 2025, and will reopen 48 hours after results are declared.

    Company Overview: Kothari Products Ltd.

    Founded in 1983, Kothari Products Ltd is a diversified enterprise operating in international trade, real estate development, and investments.

    Core Business Segments:

    1. International Trading:
      • Involves import/export of coal, agro products, edible oil, metals, steel, PVC, transformers, and storage devices.
    2. Real Estate & Investments:
      • Engaged in property development, leasing, and investment management.

    The company has a market capitalization of ₹600 crore, positioning it as a key player in the small-cap segment.

    Kothari Products’ Bonus Issue History

    This marks Kothari Products’ third bonus issue in its history:

    • March 2014: 2:1 Bonus Issue (Two bonus shares for every existing share).
    • 2016: 1:2 Bonus Issue (One bonus share for every two existing shares).
    • 2025: 1:1 Bonus Issue (One bonus share for every existing share).

    This latest move highlights the company’s commitment to rewarding shareholders and enhancing liquidity.

    Kothari Products Ltd.’s 1:1 bonus issue reflects strong financial performance and a commitment to shareholder wealth creation. With the record date set for February 18, 2025, investors are closely watching the company’s Q3 results and future business developments.

    Given the company’s strong business fundamentals, this bonus issue further reinforces its position as a stable and growing enterprise.

    Disclaimer: This article is for informational purposes only and should not be considered as investment advice.

  • Capital India Finance Ltd. Announces 5:1 Stock Split to Enhance Liquidity

    Capital India Finance Ltd. Announces 5:1 Stock Split to Enhance Liquidity

    Capital India Finance Ltd. (CIFL), a technology-driven non-banking financial company (NBFC), has announced a stock split in the ratio of 5:1. This means that each existing equity share of ₹10 face value will be split into five new shares of ₹2 face value.

    The move aims to increase liquidity, make shares more affordable for retail investors, and broaden the shareholder base.

    Key Details of the Stock Split

    • Stock Split Ratio: 1:5 (One existing share of ₹10 will be split into five shares of ₹2 each).
    • Record Date: February 17, 2025 – Shareholders holding shares as of this date will be eligible for the stock split.
    • Objective: To improve stock liquidity and make it more accessible to retail investors.
    • Implementation Timeline: The company expects to complete the stock split within three months after shareholder approval.

    In its exchange filing, Capital India Finance stated:

    “The company has fixed Monday, February 17, 2025, as the record date for determining the entitlement of equity shareholders for the sub-division of equity shares.”

    Financial Performance

    • Q3 FY25 Results Date: February 14, 2025 – The company will announce its Standalone and Consolidated Financial Results for the quarter and nine months ending December 31, 2024.
    • Trading Window Closure: The trading window for insiders has been closed since January 1, 2025, and will reopen on February 16, 2025.
    • Recent Financials: In Q2 FY25, the company reported:
      • Consolidated net profit: ₹3.06 crore (up from ₹0.10 crore in Q2 FY24).
      • Total income: ₹167.34 crore (down 6.3% YoY).

    About Capital India Finance Ltd.

    Incorporated in 1994, Capital India Finance Ltd is an India-focused, technology-driven financial services platform that specializes in customized finance solutions for SMEs and MSMEs.

    Business Segments:

    1. SME & MSME Financing: Provides tailored loans to small and medium businesses.
    2. Real Estate & Structured Finance: Offers loans against property and corporate finance solutions.
    3. Forex & Fintech Services: Engaged in money transfer services (MTSS) and digital financial solutions.

    With a strong focus on India’s growing SME sector, CIFL aims to bridge the financing gap for businesses underserved by traditional lenders.

    The 5:1 stock split aligns with its strategy to enhance market participation and shareholder value. With the record date set for February 17, 2025, investors are closely watching the company’s Q3 results and business expansion plans.

    This stock split further strengthens CIFL’s position as a key player in India’s SME financing sector, making it an attractive option for both existing and new investors.

    Disclaimer: This article is for informational purposes only and should not be considered as investment advice.

  • Transformers and Rectifiers (India) Ltd Announces 1:1 Bonus Issue

    Transformers and Rectifiers (India) Ltd Announces 1:1 Bonus Issue

    Transformers and Rectifiers (India) Ltd (TRIL), a leading player in the Indian transformer manufacturing industry, has announced a bonus issue in the ratio of 1:1. This means that shareholders will receive one additional share for every share they currently hold, at no extra cost.

    Key Details of the Bonus Issue

    • Bonus Ratio: 1:1 (One bonus share for every existing share held).
    • Record Date: February 14, 2025 – Shareholders holding shares as of this date will be eligible for the bonus shares.
    • Bonus Share Allotment Date: February 17, 2025.
    • Effective Listing Date: February 18, 2025.

    This is the first bonus issue by TRIL since 2013, when it had announced a 1:9 bonus share ratio.

    Financial Performance

    TRIL’s decision to issue bonus shares is backed by its robust financial performance over the past quarters.

    Q3 FY25 Financial Highlights:

    • Net Profit: ₹55.52 crore (252% YoY increase from ₹15.6 crore in Q3 FY24).
    • Revenue: ₹559.36 crore (up 51% YoY from ₹365.3 crore).
    • EBITDA: ₹84.8 crore (YoY growth from ₹35.6 crore).
    • EBITDA Margin: 15.2%, up from 9.6% in the previous year.

    9MFY25 Performance:

    • Net Sales: ₹1,342.9 crore (up 72% YoY).
    • Net Profit: ₹122.41 crore (massive 2,126% YoY growth from ₹5.5 crore in 9MFY24).

    Order Book Update

    TRIL has secured orders worth ₹362 crore from major power sector players, including:

    • Power Grid Corporation of India Ltd.
    • Adani Energy Solution Ltd.
    • KEC International Ltd.
    • Torrent Power Ltd.
    • Megha Engineering & Infrastructures Ltd.

    Additionally, TRIL’s total order book now stands at ₹3,686 crore, while ongoing inquiries under negotiation are valued at ₹19,000 crore.

    About Transformers & Rectifiers (India) Ltd.

    Established in 1994, Transformers & Rectifiers (India) Ltd is one of the leading transformer manufacturers. The company specializes in:

    • Power transformers
    • Distribution transformers
    • Rectifier transformers

    With a market capitalization of ₹17,000 crore, the company continues to expand its capabilities to cater to both domestic and international markets.

    Why This Bonus Issue Matters

    1. Increased Share Liquidity
    2. Reward for Shareholders
    3. Positive Market Sentiment
    4. Stock Performance Boost

    The bonus shares will be allotted on February 17, 2025, and trading in the newly issued shares will commence from February 18, 2025. Investors can look forward to continued growth opportunities in TRIL’s rapidly expanding business.

    Disclaimer: This article is for informational purposes only and should not be considered as investment advice.

  • Rama Phosphates Ltd. Announces 1:2 Stock Split

    Rama Phosphates Ltd. Announces 1:2 Stock Split

    Rama Phosphates Limited (RPL), a leading manufacturer of Single Super Phosphate (SSP) fertilizers in India, has announced a 1:2 stock split. This move aims to improve market liquidity and make shares more accessible to investors. The stock split will reduce the face value of each equity share from ₹10 to ₹5, effectively doubling the number of shares held by shareholders.

    Key Details of the Stock Split

    • Record Date: February 7, 2025. Shareholders listed in the company’s records on this date will qualify for the subdivision.
    • Stock Split Ratio: Each existing equity share with a face value of ₹10 will be split into two shares with a face value of ₹5.

    About Rama Phosphates Ltd.

    Founded in 1984 and headquartered in Mumbai, Rama Phosphates Ltd. is a well-known name in the fertilizer and chemical industry. The company operates in Pune, Indore, Udaipur, and Nimbahera, focusing primarily on the Western Indian market, which accounts for 60% of India’s fertilizer consumption.

    Product Portfolio

    RPL produces a wide range of products, including:

    • Fertilizers: Single Super Phosphate (SSP), fortified fertilizers, and water-soluble fertilizers.
    • Chemicals: Sulphuric Acid and LABSA (Linear Alkyl Benzene Sulphonic Acid).
    • Agri-Products: Soya edible oil, de-oiled cakes, and lecithin.

    The company is known for its innovative products and quality standards, earning recognition from the Fertiliser Association of India.

    Financial Highlights

    Quarterly Performance (Q2 FY25):

    • Net Sales: ₹209.46 crore, a 22.17% rise from ₹171.45 crore in Q2 FY24.
    • Net Profit: ₹3.08 crore, up 361.54% from ₹0.67 crore in the same quarter last year.
    • EBITDA: ₹10.90 crore, an 80.17% increase compared to ₹6.05 crore in Q2 FY24.

    Strategic Rationale for the Stock Split

    The stock split reflects RPL’s strategy to make share ownership more affordable for small investors. By reducing the price per share, the company aims to:

    • Attract More Investors: Broaden its shareholder base.
    • Increase Market Activity: Boost trading volumes.
    • Strengthen Market Position: Reinforce its leadership in the industry.

    With strong financial performance, innovative products, and a focus on creating value for shareholders, RPL is well-positioned to grow in the fertilizer and chemical sectors. Investors should mark February 7, 2025, as the record date for this important corporate action.

    Disclaimer: This article is for informational purposes only and does not provide investment advice.

  • JBM Auto Ltd Announces 1:2 Stock Split: Key Details and Insights

    JBM Auto Ltd Announces 1:2 Stock Split: Key Details and Insights

    JBM Auto Ltd, a leader in the electric vehicle (EV) and automotive sector, has announced its second stock split. This move aims to make its shares more affordable and increase market liquidity. The company has set January 31, 2025, as the record date for this stock split.

    Stock Split Details

    The stock split will reduce the face value of each equity share from ₹2 to ₹1 in a 1:2 ratio, effectively doubling the number of shares in circulation. The company’s board approved this action on October 28, 2024, following Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

    • Record Date: January 31, 2025
    • Purpose: Increase liquidity, expand the investor base, and make shares more accessible to retail investors.

    Shareholders on the record date will benefit from the stock split, which will take effect immediately after.

    About JBM Auto Ltd

    JBM Auto Ltd, a part of the $3 billion JBM Group, is a major player in the automotive and e-mobility industries. The company focuses on:

    • Electric Buses and Vehicles: Driving innovation in sustainable mobility.
    • Sheet Metal Components: High-quality products for the automotive and white goods industries.
    • Tools, Dies, and Molds: Precision-engineered products for global markets.

    With operations in 25 locations across 10 countries, JBM Auto leverages advanced technology and innovation to stay ahead in the market.

    Financial Performance

    For the September 2024 quarter, JBM Auto reported strong financial results:

    • Revenue: ₹1,286 crore, a 4.47% increase from ₹1,231 crore in the same quarter last year.
    • Net Profit: ₹49 crore, up 11.45% from ₹44 crore in Q3 FY24.
    • EBITDA: ₹174.81 crore, a rise of 18.54% compared to ₹147.47 crore last year.

    These results highlight the company’s strong operations and growing demand for its products.

    Strategic Implications of the Stock Split

    The 1:2 stock split aligns with JBM Auto’s strategy to attract more retail investors. By lowering the face value of shares, the company aims to:

    • Increase Liquidity: Boost trading volumes in the market.
    • Broaden Accessibility: Make shares affordable for more investors.
    • Sustain Market Momentum: Highlight growth potential and shareholder inclusivity.

    With its consistent financial growth and focus on innovation in the e-mobility space, JBM Auto is well-positioned for long-term success.

    Disclaimer: This article is for informational purposes only and does not provide investment advice.

  • Mohite Industries Announces 1:10 Stock Split

    Mohite Industries Announces 1:10 Stock Split

    Mohite Industries Limited, a well-known name in the textile industry, has announced its first-ever stock split. This significant move will make its shares more affordable for small investors and improve market liquidity.

    Stock Split Details

    Mohite Industries will split its equity shares in a 1:10 ratio. Each existing share with a face value of ₹10 will be divided into 10 shares with a face value of ₹1.

    • Ex-Date: January 31, 2025
    • Record Date: January 31, 2025
    • Shareholder Approval: The stock split was approved via a postal ballot on December 21, 2024.

    This initiative aligns with the company’s goal to broaden its shareholder base by attracting more retail investors.

    Financial Highlights

    Mohite Industries has demonstrated steady growth despite market challenges:

    • Revenue Growth: The company reported ₹10.38 crore in revenue for the latest quarter, up from ₹8.83 crore in the previous quarter.
    • Net Profit: It posted a net profit of ₹6.08 crore, supported by cost management and operational efficiency.

    The company operates in two main segments:

    1. Textiles: Producing high-quality cotton yarn and gray knitted fabric.
    2. Hydropower Generation: Diversifying its revenue streams with sustainable energy projects.

    About Mohite Industries

    Founded in 1990 and based in Kolhapur, Maharashtra, Mohite Industries has earned a strong reputation for innovation in the textile sector. It leverages advanced technology to maintain quality and efficiency across its operations.

    Strategic Impact of the Stock Split

    The 1:10 stock split aims to:

    • Improve Accessibility: Lower share prices will attract smaller investors.
    • Boost Liquidity: More shares in circulation will likely increase trading activity.
    • Enhance Market Appeal: The move is expected to draw a broader range of investors, particularly retail participants.

    With its strong financial performance and diverse operations, Mohite Industries is well-positioned to maintain leadership in the textile and energy sectors. Investors should mark January 31, 2025, as the critical record date for this stock split.

    Disclaimer: This content is for informational purposes only and does not provide investment advice.

  • Kiduja India Announces 1:10 Stock Split: Record Date Confirmed

    Kiduja India Announces 1:10 Stock Split: Record Date Confirmed

    Kiduja India Limited, a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI) under the Base Layer (NBFC-BL) category, has announced a major corporate action to improve market accessibility. The company has fixed Friday, January 31, 2025, as the record date for its 1:10 stock split, according to a regulatory filing with the Bombay Stock Exchange (BSE).

    Stock Split Details

    The 1:10 stock split, approved by shareholders during the Annual General Meeting on September 26, 2024, will divide each ₹10 equity share into 10 equity shares with a face value of ₹1 each. This initiative aims to enhance stock liquidity and make shares more affordable for retail investors.

    Kiduja India stated, “As per Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the record date for the stock split is January 31, 2025.”

    Financial Performance

    Although Kiduja India’s revenue increased slightly, its net profit declined in the latest financial quarter:

    • Revenue from Operations (Q2 FY25): ₹10.38 crore, a 0.5% increase from ₹10.33 crore in Q2 FY24.
    • Net Profit (Q2 FY25): ₹6.08 crore, down 24% from ₹8 crore in Q2 FY24.
    • EBITDA (Q2 FY25): ₹9.69 crore, a 3.7% decrease from ₹10.06 crore in Q2 FY24.
    • Earnings Per Share (EPS): ₹25.32 for Q2 FY25.

    About Kiduja India

    Founded in 1985, Kiduja India Limited is an NBFC focused on investments in equity markets. Listed on the Bombay Stock Exchange, the company specializes in securities trading, equity investments, and derivatives. Kiduja India has earned a strong reputation as a reliable NBFC, serving both retail and institutional investors.

    Impact of the Stock Split

    The 1:10 stock split is expected to:

    • Increase Affordability: Shares with a lower face value will be more accessible to investors.
    • Boost Liquidity: A higher number of shares in circulation will likely improve trading activity.
    • Attract Retail Investors: More affordable shares can appeal to individual investors, expanding the shareholder base.

    With its strong reputation in equity markets, this stock split is expected to enhance both the company’s market reach and liquidity.

    Disclaimer: This content is for informational purposes only and does not provide investment advice.

  • Blue Cloud Softech Solutions Announces 1:2 Stock Split

    Blue Cloud Softech Solutions Announces 1:2 Stock Split

    Blue Cloud Softech Solutions Ltd, based in Hyderabad and a leader in AIoT and tech solutions, has announced its first-ever 1:2 stock split. Shareholders approved the decision during an Extraordinary General Meeting (EGM) on December 30, 2024. The company has set January 20, 2025, as the record date for the split.

    Stock Split Details

    This stock split will lower the face value of each equity share from ₹2 to ₹1, doubling the number of shares held by investors. The move aims to make shares more affordable and improve market liquidity.

    The company stated, “As per Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the record date to determine shareholder eligibility for the stock split is January 20, 2025.”

    Strong Financial Performance

    Blue Cloud’s recent financial results highlight its growth momentum:

    • Q2 FY25 Net Sales: ₹235.27 crore (171% year-on-year growth)
    • Q2 FY25 Net Profit: ₹11.35 crore (up 333% from last year)
    • H1 FY25 Net Sales: ₹466.51 crore (284% rise year-on-year)
    • H1 FY25 Net Profit: ₹21.83 crore (536% growth compared to last year)

    The company’s stock price has achieved a remarkable 160% compound annual growth rate (CAGR) over the past three years.

    Strategic Projects by Blue Cloud

    Blue Cloud Softech Solutions continues to strengthen its presence globally and locally through innovative projects:

    • Completed a landmark project in the U.S., implementing BioSter, an AI-powered sterilization system.
    • Secured a ₹105-lakh order from Discovery Oaks Public School, Hyderabad, to install Edugenie, an AI-based learning management system, and Emotifics, a facial recognition AIoT app.

    About Blue Cloud Softech Solutions

    Blue Cloud Softech specializes in advanced AI and IoT solutions for industries like healthcare, education, and cybersecurity. Key offerings include:

    • Healthcare Tech: Real-time patient monitoring solutions.
    • AI Innovations: Products like Altezza and Proxzar.
    • Cybersecurity: Tools like Cyber Falcon for digital protection.

    With a strong focus on innovation and technology, Blue Cloud is reshaping industries through AI-powered solutions. Its exceptional financial growth and groundbreaking projects reinforce its status as a leader in the AI technology sector.

    Disclaimer: This content is for informational purposes only and does not provide investment advice.

  • Kitex Garments Ltd Announces 2:1 Bonus Issue

    Kitex Garments Ltd Announces 2:1 Bonus Issue

    Kitex Garments Ltd, a leading manufacturer of infant and children’s clothing, has announced a 2:1 bonus issue. Approved on November 22, 2024, this corporate action entitles shareholders to two new equity shares for every one share they hold. The record date for the bonus issue is January 17, 2025.

    Bonus Issue Details

    • Bonus Ratio: 2:1 (two additional shares for every one held).
    • Objective: Reward shareholders and improve market liquidity.
    • Capital Allocation: Kitex will use ₹13.30 crore from its reserves to fund the bonus issue.
    • Impact on Equity Capital: The paid-up equity capital will rise from ₹6.65 crore to ₹19.95 crore.

    Eligible shareholders will receive their bonus shares within two months of the board’s approval, no later than January 20, 2025. Trading of the new shares is expected to begin on January 21, 2025.

    About Kitex Garments

    Kitex Garments, part of the Anna-Kitex Group, has a strong global presence in the infant and children’s apparel market. Recently, the company expanded its operations to the United States, further strengthening its international footprint.

    The company’s product range includes:

    • Traditional Indian garments.
    • Undergarments.
    • High-quality children’s clothing under the “Kitex” brand.

    Financial Performance

    Kitex Garments has delivered impressive growth:

    • Q2 FY25 Revenue: ₹215.88 crore, up 61.16% year-on-year from ₹133.96 crore in Q2 FY24.
    • Q2 FY25 Net Profit: ₹37.34 crore, a 181.37% increase from ₹13.27 crore in Q2 FY24.
    • EBITDA: ₹57.95 crore, a 126.81% rise from ₹25.55 crore in Q2 FY24.

    This strong financial performance showcases Kitex’s ability to deliver consistent returns to its investors.

    Strategic Implication

    This bonus issue is Kitex’s first in seven years, following a 2:5 bonus issued in 2017. By rewarding shareholders and increasing stock accessibility for retail investors, Kitex aims to enhance market liquidity.

    With its consistent financial growth and expanding global presence, Kitex demonstrates a commitment to increasing shareholder value and driving long-term growth.

    Disclaimer: This article is for informational purposes only and should not be considered as investment advice.

  • Arunjyoti Bio Ventures Ltd Announces Stock Split to Boost Liquidity

    Arunjyoti Bio Ventures Ltd Announces Stock Split to Boost Liquidity

    Arunjyoti Bio Ventures Ltd, a small-cap company known for delivering multibagger returns, has announced a stock split to improve market liquidity and attract more investors.

    Stock Split Details

    • Split Ratio: The company will split each equity share with a face value of ₹10 into 10 shares with a face value of ₹1 each.
    • Record Date: Friday, January 17, 2025, is the record date to determine eligible shareholders.

    This stock split aims to make shares more affordable for retail investors while increasing trading activity and market participation.

    Company Overview

    Founded in 1986 and based in Hyderabad, Telangana, Arunjyoti Bio Ventures Ltd is a leading co-packing company in the beverage industry. The company specializes in packaging juices, energy drinks, and other non-carbonated beverages for multinational corporations.

    Strategic Shift and Partnerships

    In 2022, the company shifted its focus from equity and commodity trading, wealth management, and software development to the FMCG and beverage sectors.

    Key Partnership:

    • Tata Consumer Products Limited (TCPL) invested ₹8.9 crore in Arunjyoti Bio Ventures Ltd to equip two facilities in Telangana and Andhra Pradesh with specialized machinery.
    • These plants exclusively manufacture and package TCPL’s Ready-to-Drink (RTD) products, marking a major milestone in the company’s growth.

    Financial Performance

    Q2FY25:

    • Net Sales: ₹6.35 crore (up from ₹3.14 crore in Q2FY24).
    • Net Loss: ₹0.41 crore (improved from ₹1.37 crore in Q2FY24).

    FY24:

    • Net Sales: ₹20.43 crore.
    • Net Loss: ₹0.35 crore.

    Future Outlook

    The stock split aligns with Arunjyoti Bio Ventures’ strategy to:

    • Make its shares more affordable, encouraging retail investor participation.
    • Boost liquidity in the market.
    • Strengthen its position as a leader in the co-packing and FMCG sectors.

    With strong financial growth, strategic partnerships like the collaboration with TCPL, and a focus on market-driven initiatives, Arunjyoti Bio Ventures Ltd is building a solid foundation for future success.

    Disclaimer: This article is for informational purposes only and should not be considered investment advice.