Oriental Aromatics has fixed 14 December 2018 as record date for sub-division of equity shares from face value of Rs.10 each to Rs.5 each and for issue of Bonus equity shares of Rs.5 each in ratio 1:1 i.e . One (1) equity share of Rs. 5 each for every One (1) equity share of Rs. 5 each (i.e. after Sub-Division of Shares).

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Net profit of Oriental Aromatics rose 77.09% to Rs 17.16 crore in the quarter ended September 2018 as against Rs 9.69 crore during the previous quarter ended September 2017. Sales rose 57.90% to Rs 199.28 crore in the quarter ended September 2018 as against Rs 126.21 crore during the previous quarter ended September 2017.

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The announcement was made after market hours on Friday, 26 October 2018.

Meanwhile, the S&P BSE Sensex was up 225.05 points, or 0.67% to 33,574.36

On the BSE, 620 shares were traded in the counter so far compared with average daily volumes of 1,143 shares in the past two weeks. The stock had hit a high of Rs 934 and a low of Rs 889.50 so far during the day.

Oriental Aromatics' board of directors approved a 2-for-1 stock split and 1:1 bonus issue of equity shares.

Oriental Aromatics' net profit rose 80% to Rs 11.07 crore on 31.29% rise in total income to Rs 148.69 crore in Q1 June 2018 over Q1 June 2017.

Oriental Aromatics is India's largest manufacturer of variety of terpene chemicals and other speciality aroma chemicals.

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Oriental Aromatics will hold a meeting of the Board of Directors of the Company on 5 November 2018.

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