allotment of 11610050 equity shares in ratio 1:1 to the record dated 29.04.2025
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Captain Technocast Limited has completed the allotment of 1,16,10,050 bonus equity shares in the ratio of 1:1 (one bonus share for every one share held) to members on the record date of April 29, 2025. As a result, the company's paid-up equity share capital has doubled from Rs. 11.61 crore (1.16 crore shares of Rs. 10 each) to Rs. 23.22 crore (2.32 crore shares of Rs. 10 each). The bonus shares will rank equally with existing shares in all respects. The board meeting to approve this allotment was held on April 30, 2025.
Shareholders will see their shareholding double in quantity, though the share price typically adjusts downward proportionally post-ex-date, keeping overall value unchanged. The increase in share count may improve liquidity and make the stock more accessible to retail investors.