Aaron Industries Sets Record Date for 1:1 Bonus Share Issue

1 min read     Updated on 22 Aug 2025, 08:24 AM
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Reviewed by
Shriram ShekharBy ScanX News Team
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Overview

Aaron Industries, an elevator parts and fabrication company, has declared a 1:1 bonus issue. Today is the final day to purchase shares to qualify for the bonus, with the record date set for Monday, August 25. The T+1 settlement cycle ensures that shares bought today will be eligible for the bonus. Kretto Syscon, another company, has also announced a 2:25 bonus issue with the same record date.

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*this image is generated using AI for illustrative purposes only.

Aaron Industries, a company specializing in elevator parts and fabrication businesses, has announced a significant corporate action that could benefit its shareholders. The company has set today as the final day for investors to purchase shares to qualify for an upcoming bonus issue, with the record date scheduled for Monday, August 25.

Bonus Issue Details

Aaron Industries has declared a generous 1:1 bonus issue, meaning shareholders will receive one additional share for every share they currently hold. This move is likely to increase the number of outstanding shares while potentially improving the stock's liquidity.

Important Dates

Event Date
Last Day to Buy Today
Record Date Monday, August 25

T+1 Settlement Cycle

Due to the T+1 settlement cycle currently in place, shares purchased today will be credited to investors' accounts tomorrow. This timing is crucial as it ensures that these buyers will be eligible for the bonus shares. It's important to note that any purchases made after today will not qualify for this corporate benefit, as those investors won't appear on the shareholder list on the record date.

Industry Context

Aaron Industries operates in the elevator parts and fabrication sectors, which are integral to the construction and infrastructure industries. Bonus issues are often seen as a positive signal, potentially indicating the company's confidence in its future prospects.

Another Bonus Issue in the Market

In related news, Kretto Syscon , an engineering and infrastructure solutions company, has also announced a bonus issue with the same record date. Kretto Syscon's bonus issue is structured as 2:25, where investors will receive two additional shares for every 25 shares held.

Investor Implications

For Aaron Industries shareholders, this bonus issue represents an opportunity to increase their shareholding without additional investment. However, it's important to remember that while the number of shares will increase, the overall value of an investor's holding typically remains the same immediately after a bonus issue, as the stock price usually adjusts proportionately.

Investors and potential buyers should consider their investment goals and conduct thorough research before making any decisions based on this corporate action.

Historical Stock Returns for Kretto Syscon

1 Day5 Days1 Month6 Months1 Year5 Years
+3.72%+18.18%-3.94%+16.07%+98.98%+828.57%
Kretto Syscon
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Kretto Syscon Sets August 25, 2025 as Record Date for Bonus Share Allotment

1 min read     Updated on 19 Aug 2025, 06:49 PM
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Reviewed by
Riya DeyBy ScanX News Team
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Overview

Kretto Syscon Limited has fixed August 25, 2025, as the Record Date for determining shareholder eligibility for bonus equity share allotment. This decision follows shareholder approval via Postal Ballot on August 16, 2025. The Board of Directors confirmed this in a meeting held on August 19, 2025. The announcement complies with SEBI regulations on listing obligations and disclosure requirements.

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*this image is generated using AI for illustrative purposes only.

Kretto Syscon Limited has announced a significant development for its shareholders. The company's Board of Directors has fixed Monday, August 25, 2025, as the Record Date for determining shareholder eligibility for the allotment of bonus equity shares.

Key Highlights

Aspect Details
Record Date Monday, August 25, 2025
Purpose Determining eligibility for bonus equity share allotment
Shareholder Approval Obtained through Postal Ballot on August 16, 2025
Board Meeting Details Held on August 19, 2025, from 5:00 PM to 6:00 PM

Bonus Share Allotment

The decision to issue bonus shares, which was approved by shareholders through a Postal Ballot on August 16, 2025, marks a significant move for Kretto Syscon. Bonus shares are additional shares given to existing shareholders without any additional cost, based on their current shareholding.

Regulatory Compliance

The company has made this announcement in compliance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 68 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Company Information

Kretto Syscon Limited is registered with CIN: L70100GJ1994PLC023061 and has its registered office at A-401, Sankalp Iconic, Opp. Vikram Nagar, Iscon Temple Cross Road, S.G. Highway, Ahmedabad - 380054.

Shareholders and potential investors are advised to take note of this Record Date for the bonus share allotment. The company's move to issue bonus shares may be seen as a way to reward its shareholders and potentially increase liquidity in the stock.

Historical Stock Returns for Kretto Syscon

1 Day5 Days1 Month6 Months1 Year5 Years
+3.72%+18.18%-3.94%+16.07%+98.98%+828.57%
Kretto Syscon
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