Bonus Share : 1:1 Bonus Declared by NBFC Stock That Skyrocketed 1,300% in 5 Years; Buy Now?

Capital Trade Links Ltd. (CTL), a leading non-banking financial company (NBFC), has announced a bonus share issue as part of its ongoing efforts to reward shareholders and enhance market participation. Capital Trade is a penny stock under Rs 50 and has gathered investors' attention post the announcement of bonus shares.

Capital Trade Link Bonus Announcement

The company informed the Bombay Stock Exchange regarding the bonus, stating, "The Board of Directors has approved and recommended a 1:1 bonus issue, granting one bonus equity share of ₹1 each for every existing fully paid-up equity share of ₹1, held by shareholders as of the record date. This decision is subject to shareholder approval through a postal ballot."

Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant provisions of the Companies Act, 2013, and rules made thereunder, the company has fixed Wednesday, April 02, 2025, as the "Record Date" to determine the eligibility of shareholders for issuance of the said Bonus Shares. The deemed date of allotment shall be Thursday, April 03, 2025, for the purpose of allotment of said bonus shares of the company.

Capital Trade Link Ltd share price movements

On March 28, Capital Trade Limited's share price closed at ₹43.65, reflecting a 1.20% decline since the previous closing day. Over the past five days, the stock dropped 3.36%, while in the last six months, it declined 9.31%. However, in the last five years, Capital Trade has surged an impressive 1,308.06%, making it a multibagger stock. The stock's 52-week high stands at Rs. 65.64, while its 52-week low is Rs. 31.03. The company has a market capitalisation of Rs. 280 crore.

Capital Trade Links Ltd. Corporate Actions

According to Trendlyne, Capital Trade Links Ltd has a history of issuing dividends, with a final dividend of ₹0.10 per equity share on September 19, 2018, and ₹0.08 per equity share on September 20, 2017. However, the company has not announced any stock splits to date. Investors closely watch Capital Trade Links' corporate actions, including dividends, bonus issues, and potential stock splits, to assess its long-term growth prospects in the NBFC sector.

About Capital Trade Links Limited

Capital Trade Links Limited (CTL) is a non-banking financial company (NBFC) established in 1984 and headquartered in New Delhi, India. Registered with the Reserve Bank of India (RBI) since 2001, CTL specialises in providing a diverse range of financial services to individuals and businesses. Their offerings include personal loans, business loans, vehicle loans, loans against property, and corporate loans, catering to various financial needs across different sectors. CTL was listed on the Delhi Stock Exchange in 1985 and subsequently on the Bombay Stock Exchange (BSE) in 2014.