Dividend on the Cards, Bonus in the Deck—Kretto Set to Deal Shareholder Joy

Kretto Syscon Ltd. (BSE: 531328) has announced that a meeting of its Board of Directors is scheduled to be held on July 15, 2025, for considering two important shareholder-preferred proposals: maximum final dividend of 100% and issue of bonus shares, subject to shareholders' as well as statutory approval.

 

As a consequence of the listing of the company on the Bombay Stock Exchange (BSE), the board will deliberate on declaring a dividend of ₹1.00 per equity share for the year ended March 31, 2025. The board will also deliberate on issuing bonus shares, and the ratio to be determined in the meeting. Record date of issue of bonus shares will be intimated later.

 

This is a shift of significant significance for Kretto Syscon, which has never distributed dividends despite consistent profitability. The move betrays greater faith in the financial position of the company and can enhance investor morale.

 

Key Points:

Sources: Rediff MoneyWiz, Moneycontrol, Screener