Kretto Syscon’s share price was in focus as the company announced a board meeting to consider a double bonanza of 100% final dividend and bonus shares.
On Friday, 20th June 2025, Indian equity markets surged, buoyed by strong buying across sectors. The Nifty 50 reclaimed the psychological level of 25,000, registering over 1% gain. The broader market mirrored this enthusiasm with similar gains, while the India VIX dropped 4.6%, indicating cooling volatility.
One of the stocks that was locked at a 5% upper circuit limit was Kretto Syscon Ltd. The share price of Kretto Syscon rallied following a company announcement that sparked investor interest.
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Kretto Syscon Ltd informed the exchanges that a meeting of its Board of Directors is scheduled for Tuesday, July 15, 2025. The agenda includes two key proposals that have excited shareholders: a potential final dividend and a bonus issue. These actions, if approved, will reward existing shareholders and may further enhance liquidity in the stock.
The Board will consider recommending a final dividend of up to 100%, i.e., ₹1 per equity share of face value ₹1 each, for the financial year ended March 31, 2025. This payout is subject to the availability of distributable reserves and the requisite approvals from shareholders at the upcoming Extra-Ordinary General Meeting (EGM).
In addition to the dividend, the Board will deliberate on the issue of bonus shares to equity shareholders. While the exact ratio has not been disclosed, it will be decided during the board meeting. The Record Date to determine eligible shareholders will be announced later, depending on the Board’s decision.
Kretto Syscon Limited operates in both the software development and real estate sectors. The company continues to emphasise innovation, operational efficiency, and sustainable growth. During the financial year ended March 31, 2025, it:
Disclaimer: The article is for informational purposes only and not investment advice.
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