“Share price rises from ₹40 to ₹800: Company approves 1‑for‑10 stock split together with bonus issue”
The stock, having soared from ₹40 to ₹800, is undergoing a dual corporate action: a 1‑for‑10 stock split (each share splitting into 10) alongside a bonus issue, resulting in shareholders receiving 10 shares for every 1 held. This aims to boost liquidity and affordability while maintaining overall investment value.
Cool Caps Industries Shares Cool Caps Industries shares have given multibagger returns year after year. Now the company has announced two major corporate actions bonus shares and stock split. In such a situation, investors will get 10 shares in exchange for one. The company has also announced the record date for this.
A small company in the stock market has given a big gift to its shareholders. Actually, Cool Caps Industries has announced two major corporate actions, bonus shares and stock split. The advantage of this will be that shareholders will get 10 stocks in exchange for one share.
Actually, Cool Caps Industries reduced the face value of its shares from Rs 10 to Rs 2, that is, the stock split happened in the ratio of 1:5, and bonus shares have been given in the ratio of 1:1. In such a situation, investors will get 10 shares in exchange for one. The company has also announced the record date for this.