The Outcome of the Board Meeting held on 14th Januray 2026
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VTM Ltd's board, at a meeting on 14th January 2026, approved a proposal to additionally list its equity shares on the National Stock Exchange of India (NSE). The company is presently listed only on BSE (Scrip Code: 532893) and plans to list all 10,05,69,000 equity shares of face value Re. 1 each on NSE as well. The board also approved engaging two Practicing Company Secretaries as consultants to guide the listing process, including regulatory filings and liaison with SEBI, NSE, BSE and the Registrar of Companies. This is purely an additional listing move — there is no fresh capital raise, IPO, or change in shareholding involved. The company will now need in-principle approval from NSE before trading begins on the new exchange.
This is a procedural, mildly positive step for shareholders — dual listing on NSE typically improves liquidity and broadens the investor base, but it does not change the company's fundamentals or result in any new equity issuance.