Mumbai, March 20th, 2025 – Captain Technocast Limited (CTCL), is one of the leading manufacturer, exporter, and supplier of premium industrial castings, has announced the issuance of bonus shares.
The company has approved a 1:1 bonus issue, granting one bonus share for every existing equity share. This issuance will be executed through the capitalization of free reserves, highlighting the company’s strong financial position. As a result, the paid-up share capital will double from ₹11.61 Cr, consisting of 11,610,050 equity shares with a face value of ₹10 each, to ₹23.22 Cr, comprising 23,220,100 equity shares with a face value of ₹10 each.
Commenting on the Bonus Issue, Mr Anil V. Bhalu, Managing Director of Captain Technocast Limited said, “We are delighted to announce this 1:1 bonus issue, a testament to our strong financial foundation and commitment to rewarding our valued shareholders. We are expanding our export business by leveraging our strong presence in Europe and America while scaling our valve production with automation-enabled products to meet rising industry demand. With increased production capacity and government incentives, we are enhancing our market position through innovation, operational efficiency, and global expansion. Our consistent growth and profitability empower us to take these strategic steps, reinforcing our commitment to delivering sustained value.”
Finding the right home involves much more than comparing floor plans. Apartments in University City…
school enrichment benchmarks School enrichment benchmarks are becoming a serious measure of how well schools…
career stagnation solutions Career stagnation solutions are becoming urgent for mid-level professionals who feel stuck…
MagSafe Multi Tool Everyday carry used to mean something heavy. A steel multi-tool in your…
Capital Gains Trap AI stocks can make a portfolio feel exciting one month and stressful…
holkham weekend guide Some coastal destinations feel loud before you even arrive. Holkham is the…