Kretto Syscon Share Price Hits 5% Upper Circuit: Board to Discuss Bonus Issue and Dividend in Board Meeting

Kretto Syscon Limited, a BSE-listed company, saw its share price hit the upper circuit on June 20, following a regulatory update. The company has announced that its board will meet on July 15, 2025, to deliberate on key corporate actions, including a final dividend of up to 100% and a possible bonus share issue. 

Board Meeting to Consider 100% Final Dividend

The agenda for the board meeting includes consideration of a final dividend of up to 100% for the financial year ended March 31, 2025. This would amount to ₹1 per equity share of face value ₹1, subject to the availability of distributable reserves and shareholder approval in the forthcoming Extra-Ordinary General Meeting.

Bonus Share Issue Likely On The Table

The board is also expected to evaluate a proposal for issuing bonus shares to equity shareholders. The specific ratio for the bonus issue is yet to be determined and will be decided during the meeting. 

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About Kretto Syscon 

Kretto Syscon Limited, engaged in software development and real estate projects, continues to focus on innovation, operational efficiency and sustainable growth. During the financial year, the company strengthened its financial base through a successful rights issue and achieved steady progress across both business verticals.

Kretto Syscon Share Price Hits 5% Upper Circuit

The Kretto Syscon Limited share price surged by 5% and touched the upper circuit limit after the announcement of an upcoming board meeting. The sharp uptick reflects investor anticipation surrounding the dividend and bonus proposals. 

Conclusion

The market will be closely watching the outcome of the 15 July board meeting. Whether the proposed 100% dividend and bonus issue receives approval will likely influence further investor sentiment and trading activity in the stock.

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