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