2:25 Bonus Shares; Record Date-August 25: Multibagger Penny Stock Below Rs 5, Locked in Upper Circuit on August 20

Kretto Syscon Limited announced a bonus share issue in a 2:25 ratio, meaning shareholders will receive two new fully paid-up equity shares of Re 1 each for every twenty-five existing fully paid-up equity shares of Re 1 each. This capitalisation of free reserves aims to reward shareholders. The company has set Monday, August 25, 2025, as the record date to determine the eligibility of shareholders for this bonus equity share allotment.

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About the Company

Incorporated in 1994, Kretto Syscon Ltd operates in two primary sectors: real estate development and software development. In real estate, their services encompass the construction, purchase, sale, resale and rental of both residential and commercial properties. On the software front, the company is involved in designing, developing and dealing in computer software and solutions, undertaking IT-related assignments, networking and network management, data centre management and providing consultancy services.

They also focus on developing, designing, distributing and dealing in systems and application software for microprocessor-based information systems, offshore software development projects and providing Internet service provider and solutions across various application areas, including emerging niche segments like the Internet.

On Wednesday, shares of Kretto Syscon Ltd hit a 5 per cent upper circuit to Rs 1.81 per share from its previous closing of Rs 1.73 per share. The company has a market cap of over Rs 110 crore and the stock has given multibagger returns of 126.3 per cent from its 52-week low of Re 0.80 per share.

Disclaimer: The article is for informational purposes only and not investment advice.