Revised outcome- The outcome of the meeting has been updated along with the additional details of the bonus shares allotted. Bonus proposed on 16.04.2025 by the board and shareholders'' ....
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VTM Ltd has allotted 6,03,41,400 fully paid-up bonus equity shares of face value Rs 1 each in the ratio of 3:2, meaning shareholders receive 3 bonus shares for every 2 shares held. The record date was June 11, 2025, and the deemed allotment date is June 12, 2025. Following the allotment, the company's paid-up equity share capital increased from Rs 4.02 crore (4,02,27,600 shares) to Rs 10.06 crore (10,05,69,000 shares). The bonus shares are being issued out of the company's free reserves, with Rs 6.03 crore utilized for the issue. Total available reserves stood at around Rs 262.96 crore as on March 31, 2025. The bonus was originally proposed by the board on April 16, 2025, and approved by shareholders via postal ballot on May 23, 2025.
Eligible shareholders will see their shareholding increase by 150% (1.5 extra shares for each share held). While the overall investment value typically remains unchanged, share price is expected to adjust downward proportionally, and trading liquidity may improve.