Latest news with #AuditedStandaloneandConsolidatedFinancialStatements
India.com
13-05-2025
- Business
- India.com
This company's shares in focus as company to consider final dividend soon
शेयर बाजार भी पाकिस्तान से कई गुना बड़ा New Delhi: Shares of Fineotex, which manufactures speciality chemicals, will be in focus as the company has announced that its board will meet soon to discuss the quarterly results for the quarter and year ended March 31, 2025. According to the information shares, the company's board of directors are scheduled to meet on May 20, 2025. 'The Board of Directors of the company is scheduled to be held on Tuesday, 20th May, 2025 inter-alia to consider and approve…The Audited Standalone and Consolidated Financial Statements of the company for the quarter and year ended March 31, 2025… Recommendation of Final Dividend, if any,' the company said in an exchange filing. Meanwhile, the stock ended the last session with a gain of gain of Rs 17.85 or 7.75 per cent at Rs 248.20 from the previous close of Rs 230.25. The counter had started the session at Rs 235 and touched the intraday high of Rs 249.70. The 52-week high of the scrip is Rs 438.60 and the 52-week low is Rs 192.05. The market cap of the BSE smallcap company is Rs 2,843.75. The surge in the stock came as benchmark indexes Sensex and Nifty zoomed nearly 4 per cent on Monday. They recorded their biggest single-day gains in absolute terms on Monday, skyrocketing nearly 4 per cent, after India and Pakistan reached an understanding to stop military actions and US and China announced a deal to lower tariffs significantly. Earlier, the company raised Rs 342.55 crore through the issue of equity shares and warrants on a preferential basis. In a regulatory filing, the company announced the closure of 'fund raising of Rs 342.55 crore through a preferential allotment of equity shares and convertible warrants'. 'This preferential allotment aligns with the initial tranche of our fund raised on May 22, 2024, amounting to Rs 124.4 crore. The cumulative funds raised from both tranches now total Rs 342.6 crore,' Sanjay Tibrewala, CFO and Executive Director at Fineotex Chemical, said. The company said that the capital raised will be invested strategically to support both organic and inorganic growth opportunities. With PTI inputs
Mint
13-05-2025
- Business
- Mint
Ashish Kacholia portfolio stock declares date to announce Q4 results 2025, final dividend for FY25
Ace investor Ashish Kacholia portfolio stock Fineotex Chemical shares gained over 2% on Tuesday despite muted trading volumes. Fineotex Chemical share price gained as much as 2.7% to ₹ 254.90 apiece on the BSE. Fineotex Chemical has announced the date to declare its earnings for the fourth quarter of financial year 2024-2025. The company has announced the date of the meeting of its board of directors to consider and approve the Q4 results as well as earnings for the full financial year 2024-2025. Fineotex Chemical Q4 results will be declared on May 20. Along with Fineotex Chemical Q4 results 2025, the company's board will also consider the recommendation of a final dividend. '...we would like to inform that a meeting of the Board of Directors of the company is scheduled to be held on Tuesday, 20th May, 2025 inter-alia to Consider and approve; 1. The Audited Standalone and Consolidated Financial Statements of the company for the quarter and year ended March 31, 2025; 2. Recommendation of Final Dividend, if any,' Fineotex Chemical said in a regulatory filing on May 12. Meanwhile, the trading window of Fineotex Chemical shares for designated persons will remain closed till 48 hours after the declaration of Q4 results. 'Furtherance to our letter dated March 28, 2025, the Trading Window for dealing in securities of the Company remains closed and will be re-open after completion of 48 hours of declaration of aforesaid financial results,' the company said. Ashish Kacholia holds a significant stake in Fineotex Chemical. As per the shareholding pattern of the company as on March 2025, Ashish Kacholia holds 31,35,568 Fineotex Chemical shares, representing 2.74% stake in the company. Kacholia's shareholding in Fineotex Chemical at the end of March 2025 remained the same as at the end of December 2024. Fineotex Chemical share price has gained 10% over the past month, showing signs of a short-term rebound. However, the small-cap stock remains under pressure on a broader timeline, having declined 27% year-to-date (YTD) and over 30% in the past one year. Despite recent underperformance, Fineotex Chemical share price has delivered stellar long-term returns. Over a five-year period, Fineotex Chemical shares have surged 875%, marking it as a multibagger for long-term investors. At 10:45 AM, Fineotex Chemical share price was trading 2.48% higher at ₹ 254.35 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
