FinanceSaturday, November 14, 20261 min read

182% multibagger 1 yr return ! This Ice-cream maker announces bonus, stock split - Do you own? Ratio, record date detail

By Livemint Markets · Published by Everything Blog

In short

The board has recommended dividing each existing equity share into two and subsequently issuing five bonus shares for every one held. The company will announce the official record dates for investor eligibility at a later time. Meanwhile, the regional FMCG player recently saw its market capitalisation touch ₹708.75 crore after shares closed higher at ₹675 on the BSE.

Key points

Shareholders must await the notification of the official record dates to determine their…: Shareholders must await the notification of the official record dates to determine their eligibility for the corporate actions.
Both the stock split and bonus share issuance remain subject to regulatory and shareholde…: Both the stock split and bonus share issuance remain subject to regulatory and shareholder approvals.
The company's stock has generated an advance of 182% over the trailing one-year period.: The company's stock has generated an advance of 182% over the trailing one-year period.

Sources checked by our analysis pipeline: 1

Bonus + stock split bonanza: Listed regional FMCG player, Sheetal Cool Products Limited, has recently announced stock split and bonus issue for investors. The corporate action announcement coincided with nearly 11.39% return over the past one week.

Sheetal Cool Products share price closed 1.11% higher on Friday, November 14, extending its bullish run over the past few months. For investors who closely track the details, here are all the details to know.

Sheetal Cool Products bonus issue

The company’s board of directors has also “recommended the issue of bonus equity shares in the ratio of 5:1, ie 5 fully paid-up equity shares with a face value of ₹5 each for holding every single stock of the company. Only eligible investors would receive bonus shares based on the record date.

Sheetal Cool Products stock split

The board has considered and recommended stock split in the ratio of 1:2. Which means that every company stock (with face value of ₹10 each), will be split into two stocks (with face value of ₹5 each).

The board considered and approved “sub-division of 1 (One)…

AI Analysis

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Positive

In short

Key Points

Shareholders must await the notification of the official record dates to determine their…: Shareholders must await the notification of the official record dates to determine their eligibility for the corporate actions.
Both the stock split and bonus share issuance remain subject to regulatory and shareholde…: Both the stock split and bonus share issuance remain subject to regulatory and shareholder approvals.
The company's stock has generated an advance of 182% over the trailing one-year period.: The company's stock has generated an advance of 182% over the trailing one-year period.

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AI Analysis

Tone

Positive

In short

Key Points

Shareholders must await the notification of the official record dates to determine their…: Shareholders must await the notification of the official record dates to determine their eligibility for the corporate actions.
Both the stock split and bonus share issuance remain subject to regulatory and shareholde…: Both the stock split and bonus share issuance remain subject to regulatory and shareholder approvals.
The company's stock has generated an advance of 182% over the trailing one-year period.: The company's stock has generated an advance of 182% over the trailing one-year period.

Topics

Finance

Was this summary useful?

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182% multibagger 1 yr return ! This Ice-cream maker announces bonus, stock split - Do you own? Ratio, record date detail

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