Cool Caps Industries announces 1:1 bonus share & 5:2 stock split
Cool Caps Industries Ltd, a plastic caps and closures manufacturer, is proposing a 2-for-1 stock split, changing each ₹10 face value share to five ₹2 shares. Additionally, they've recommended a 1:1 bonus share issue, where shareholders receive one new ₹2 share for every existing ₹2 share. These actions, subject to shareholder approval, aim to enhance liquidity and reward investors.