Kretto Syscon Shareholders Approve Share Capital Increase and Bonus Share Issue via Postal Ballot
Kretto Syscon's Extra-Ordinary General Meeting concluded with shareholders approving two key resolutions. The first resolution, increasing the authorized share capital, passed with 70.65% votes in favor. The second resolution, approving the issue of bonus shares, received overwhelming support with 99.93% votes in favor. The e-voting process, which ran from July 18 to August 16, saw participation from 174 members representing 1,202,635 shares. CS Himanshu Togadiya served as the scrutinizer, confirming both resolutions passed with the required majority. As of July 11, Kretto Syscon had 90,590 shareholders on record.
23Apr 25
Kretto Syscon Shares Surge 40% Ahead of Q4 Results Announcement
Kretto Syscon, an Indian penny stock, has seen a 40% increase in share price, reaching a new 52-week high of ₹2.15. The company's market cap has exceeded ₹116.00 crores, with a P/E ratio of 22.00. Investors are eagerly anticipating the Q4 and FY 2024-25 results announcement scheduled for April 24, which has likely contributed to the recent price surge.