New Delhi, March 20 -- Captain Technocast, one of the leading manufacturers, exporters, and suppliers of premium industrial castings, has announced the issuance of bonus shares. The company, on Wednesday, approved a 1:1 bonus issue, granting one bonus share for every existing equity share.

The company's shares are trading at Rs.584.95 apiece, which will adjust accordingly post the bonus issuance. This is the second bonus issue by the company, with the last one taking place in July 2022.

The record date, which will determine eligible shareholders for the bonus shares, will be decided and communicated at a later date, the company said in its regulatory filing today.

The company stated that the issuance will be executed through the capita...