Vimta Labs Limited has informed the Exchange about Bonus
VIMTALABS · price
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Vimta Labs Limited has received shareholder approval at its 35th AGM held on 6th June 2025 to issue bonus equity shares in a 1:1 ratio — meaning one bonus share of ₹2 face value for every one share held, as on the record date of 13th June 2025. The company's pre-bonus paid-up equity share capital of ₹4.45 crore (2,22,52,784 shares) is expected to double to approximately ₹8.90 crore (4,45,05,568 shares) post-issue. The bonus will be funded from free reserves, securities premium, and capital redemption reserve, with around ₹36.98 billion available as of 31st March 2025. Tentative date for bonus allotment is 17th June 2025.
Eligible shareholders will receive one additional share for every share they own, effectively doubling their holdings without any cost. While this increases the share count and may adjust the stock price downward proportionally, it is generally viewed positively as a signal of management confidence in the company's financial health.