Introduction:
Ashish Kacholia stock has approved a 1:2 stock split, converting each rs 10 share into two rs 5 shares. The move aims to improve liquidity, attract retail investors, and enhance affordability. Completion is expected within three months, pending shareholder and regulatory approvals.
Share Price movement of Ami Organics:
On February 24, 2025, Ami Organics Ltd opened at ₹2,230.00, reaching a high of ₹2,317.00, up 2.83 percent from its previous close of ₹2,240.25, and a low of ₹2,179.20. Currently, it is trading at ₹2,303.65, with a market cap of ₹9,429.87 crore.
Ami Organics announces stock split:
Ami Organics Limited’s board approved a 1:2 stock split, converting each rs 10 face value share into two rs 5 shares. This requires shareholder approval through a postal ballot and regulatory clearances. The record date will be decided after obtaining necessary approvals.
The company also proposed altering clause v of its memorandum of association, increasing the authorized share capital to rs 50 crores, divided into 10 crore equity shares of rs 5 each. The objective is to enhance stock liquidity, encourage retail investor participation, and make shares more affordable.
Post-split, the paid-up share capital will rise to 8.18 crore shares from 4.09 crore shares. Completion is expected within three months after approvals. A postal ballot notice for shareholder consent will be issued soon, and all equity shares will retain pari-passu status after the split.
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Recent news About Ami Organics:
Ami Organics posted strong Q3 FY25 results, with PAT soaring to ₹45.4 crore from ₹17.8 crore. Revenue surged 65.2 percent YoY to ₹275 crore, while EBITDA jumped 159 percent to ₹68.7 crore, improving margins to 25 percent from 15.9 percent.
Ace investor holding of Ami Organics:
Dhwani Girishkumar Chovatia holds 1,369,516 shares of Ami Organics, representing 3.35 percent of the company. With a holding value of rs 314.6 crore, her stake remains unchanged from the previous quarter, reflecting long-term confidence in the stock’s growth potential and stability.
Ashish Kacholia owns 754,974 shares of Ami Organics, comprising 1.84 percent of the company’s equity. His investment is valued at rs 173.5 crore, with no changes from the previous quarter. Known for picking high-growth stocks, his stake signifies strong belief in Ami Organics’ future prospects.
Stock performance of Ami Organics for Period of 1 week, 6 months and 1 year:
Ami Organics stock delivered a 1.62 percent gain in one week, reflecting short-term stability. Over six months, it surged 63.7 percent, showcasing strong momentum. In the past one year, the stock soared 108 percent, highlighting impressive long-term growth and investor confidence.
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Shareholding pattern of Ami Organics:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 35.96 | 35.97 | 35.98 |
| FII | 15.52 | 13.87 | 12.93 |
| DII | 20.23 | 19.93 | 14.81 |
| Retail & others | 28.28 | 30.24 | 36.28 |
About Ami Organics:
Ami Organics is a leading specialty chemicals manufacturer, focusing on advanced pharmaceutical intermediates and agrochemicals. With a strong research-driven approach, it serves global markets, ensuring high-quality production, innovation, and sustainable growth in the chemical and pharmaceutical sectors.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
