Description
KRETTO SYSCON LIMITED announces bonus issue of equity shares in the ratio of 8:10, with allotment date of August 26, 2025 and effective listing date of August 28, 2025.
Summary
KRETTO SYSCON LIMITED (Scrip Code: 531328, ISIN: INE128R01023) has announced a bonus issue of equity shares. The company will issue 5,01,75,397 new equity shares of face value Rs. 1/- each through bonus allocation, increasing the total paid-up capital from Rs. 62,71,92,456 to Rs. 67,73,67,853.
Key Points
- Company: KRETTO SYSCON LIMITED
- Scrip Code: 531328
- ISIN: INE128R01023
- Bonus shares to be issued: 5,01,75,397 equity shares
- Face value: Rs. 1/- per share (post-split)
- Issue price: Rs. 1/-
- Distribution number range: 627192457 to 67,73,67,853
- Board approval date: July 15, 2025
- Shareholder approval date: August 16, 2025
Regulatory Changes
No specific regulatory changes mentioned in this circular.
Compliance Requirements
- Company must complete allotment process by deemed allotment date
- Proper distribution of bonus shares to eligible shareholders
- Updated share capital structure to be reflected in company records
Important Dates
- July 15, 2025: Board of Directors approval for bonus issue
- August 16, 2025: Shareholders’ approval for bonus issue
- August 26, 2025: Allotment date (deemed)
- August 28, 2025: Effective listing date for bonus shares
Impact Assessment
The bonus issue will increase the total number of shares outstanding from 62,71,92,456 to 67,73,67,853 shares, representing approximately an 8:10 ratio bonus issue. This will dilute the face value per share while maintaining proportional ownership for existing shareholders. The bonus shares will be available for trading from August 28, 2025, which may impact share price and trading volumes.
Impact Justification
Bonus issue increases share capital and affects existing shareholders' holdings through additional share allotment