New Delhi, June 20 -- Shares of penny stock Kretto Syscon hit their 5 percent upper circuit at Rs.2.05 in intra-day trading on Friday, June 20, following the company's announcement regarding potential shareholder rewards. In a regulatory filing with the exchanges, Kretto revealed that its Board of Directors will meet on July 15, 2025, to consider a 100% final dividend and a bonus issue for the financial year ended March 31, 2025.

According to the filing, the company is contemplating the declaration of a final dividend of up to 100 percent-that is, Rs.1 per equity share of face value Rs.1 each, subject to the availability of distributable reserves and necessary statutory and shareholder approvals. In addition to this, the board will also ...