As proposed by the Board on 16.04.2025 and approved by the shareholders via postal ballot on 23.05.2025 the allotment Bonus Shares are approved by the board in the ratio 3:2 , Three shares ....
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VTM Ltd has allotted 6,03,41,400 fully paid-up bonus equity shares of face value Re 1 each in the ratio of 3:2 (3 bonus shares for every 2 existing shares held). The bonus issue was approved by the Board on 16.04.2025 and by shareholders via postal ballot on 23.05.2025, with the record date set as 11.06.2025. As a result, the company's paid-up equity share capital has increased from Rs 4.02 crore (4,02,27,600 shares) to Rs 10.06 crore (10,05,69,000 shares), representing a 150% expansion in the share base. The new bonus shares will rank pari-passu with existing shares and be eligible for all future dividends and corporate benefits.
Each shareholder received 1.5 bonus shares for every share held, which increases share count and trading liquidity but is typically price-neutral on a per-share basis (the stock usually adjusts downward proportionally). Existing shareholders effectively hold the same proportional value.