allotment of bonus 11610050 shares in ration of 1:1 for record dated 29.04.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Captain Technocast Ltd's board approved the allotment of bonus shares in a 1:1 ratio, meaning shareholders get one free share for every one share held as of the record date April 29, 2025. A total of 1,16,10,050 bonus shares will be issued, doubling the paid-up equity capital from Rs. 11.61 crore to Rs. 23.22 crore. The total share count will rise from 1,16,10,050 to 2,32,20,100 equity shares of Rs. 10 each. The new bonus shares will rank equally with existing shares in all respects. The board meeting was held on April 30, 2025, and concluded within 50 minutes.
Each shareholder's share count doubles, but the company's overall value is unchanged, so the market price typically adjusts downward proportionally on the ex-date. Higher share count can improve liquidity and affordability for small retail investors, though it does not change the underlying value of the investment.