ALPHA TRIBE

Kretto Syscon LtdOthers, 16-07-2025: AGM/EGM

16-07-2025 | 05:55 pm

Kretto Syscon Ltd. is seeking shareholder approval for two significant proposals via postal ballot. The company plans to increase its Authorized Share Capital from ₹66 Crore to ₹68 Crore, a move designed to facilitate future capital issuances. Additionally, it proposes a bonus share issue in a 2:25 ratio, meaning shareholders will receive 2 new shares for every 25 existing shares. This bonus issue will utilize over ₹5.01 Crore from the company's reserves. These steps aim to strengthen the capital base and potentially improve stock liquidity for investors.

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