Additional details related to Bonus shares allotted on 12.06.2025.
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VTM Ltd has allotted 6,03,41,400 bonus equity shares of face value ₹1 each in the ratio of 3:2, meaning 3 bonus shares for every 2 shares held. The record date was 11.06.2025 and the allotment was made on 12.06.2025. Post-bonus, the paid-up share capital has increased from ₹4,02,27,600 (4.02 crore shares) to ₹10,05,69,000 (10.05 crore shares). The bonus is being issued out of free reserves, with ₹6,03,41,400 utilized, against available free reserves of about ₹26.3 crore as on 31.03.2025. The bonus shares will rank pari-passu with existing equity shares including dividend rights. Shareholders approved the bonus via postal ballot on 23rd May 2025.
Shareholders will receive 1.5 bonus shares for every share held, effectively increasing their holding by 150%. While the share price typically adjusts downward proportionally on ex-date, the overall investment value remains unchanged. This signals management confidence in the company's reserves and financial position.