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Ceenik Exports Bonus Issue Record Date on January 3: What Does This Mean for Shareholders?

Updated on: Jan 3, 2025, 8:51 AM IST
The shareholder can purchase Ceenik Exports shares till January 2, 2025, in order to become eligible for the 1:5 Ceenik Exports bonus issue.
Ceenik Exports Bonus Issue Record Date on January 3: What Does This Mean for Shareholders?
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Ceenik Exports’ shares will begin trading ex-date on January 3, 2025, following the company’s announcement of the record date for its bonus issue. As a result, January 3 will be the last day for shareholders to qualify for the bonus shares. On January 1, 2025, Ceenik Exports shares closed at ₹1,379.15 per share, reflecting a 4.47% increase from the previous day’s closing price of ₹1,320.20 on Tuesday, December 31, 2024, on BSE.

Ceenik Exports Bonus Issue Details

Ceenik Exports has announced a bonus issue ratio of 1:5, meaning eligible shareholders will receive one bonus equity share of ₹10 each for every five fully paid-up equity shares of ₹10 each held as of the record date. The bonus issue, which was announced on November 20, 2024, marks the company’s first-ever bonus share issuance.

Ceenik Exports Q2 FY25 Financial Results

For the second quarter of FY25, Ceenik Exports reported a significant increase in standalone net profit, which surged to ₹4.28 crore, compared to just ₹0.13 crore in Q2 FY24. The company’s total income from operations reached ₹6.48 crore, reflecting an impressive year-on-year growth of 867.16%. Profit before tax for the quarter stood at ₹5.93 crore, a sharp rise from the ₹0.13 crore reported in the same quarter the previous year.

About Ceenik Exports (India) Limited

Founded in 1995 as a merchant exporter, Ceenik Exports (India) Ltd has grown substantially in both size and scale. The company now operates a fully integrated setup, including knitting, dyeing, printing, finishing, and garments departments. This expansion enables Ceenik Exports to control the entire value chain, enhancing its ability to deliver high-quality, standardised products.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 2, 2025, 8:31 AM IST

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