Members of the Exchange are hereby informed that the trading in equity shares of Vertoz Limited shall be suspended w.e.f. June 25, 2025 (i.e. closing hours of trading on June 24, 2025) on account of Consolidation of equity shares from Re. 1/- each to Rs.10/- each.
VERTOZ · price
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Vertoz Limited's equity shares are being consolidated, with the face value increasing from Re. 1 per share to Rs. 10 per share. This is a share consolidation, meaning every 10 existing shares of Re. 1 each will become 1 share of Rs. 10 each. Trading in the stock will be suspended from the closing hours of June 24, 2025, to facilitate this corporate action. Shareholders will have their holdings adjusted automatically, and the total value of their investment remains unchanged immediately after the consolidation.
This is a neutral corporate action for shareholders — the share price will technically rise by roughly 10x post-consolidation, but the overall investment value stays the same. Short-term volatility may occur when trading resumes, but no fundamental value is created or destroyed.