Captain Technocast to Issue 1:1 Bonus Shares, Boosts Investor Confidence

Captain Technocast Ltd. is set to issue one bonus share for every one equity share held, marking its second bonus share issuance in five years. The decision is expected to be finalized at the company's board meeting on March 18, 2025. This move follows a significant increase in the company's stock price, which has risen by over 160% in the past year. Captain Technocast's shares jumped nearly 5% after the announcement, reflecting investor enthusiasm. The company previously issued bonus shares in 2019, demonstrating its commitment to rewarding shareholders. This latest initiative aims to further enhance investor confidence and boost market sentiment.

 

Source: Live Hindustan, Business Standard