VTM allots bonus shares following shareholder approval

VTM Limited (BSE: VTMLTD) has announced the allotment of bonus equity shares, reinforcing its commitment to shareholder value. The decision, initially proposed on April 16, 2025, has now been executed after securing shareholder approval via postal ballot on May 23, 2025. The company allotted 60,341,400 fully paid-up bonus equity shares with a face value of INR 1 each. This distribution was executed in a 3:2 ratio, granting three new bonus equity shares for every two existing equity shares held on the record date of Wednesday, June 11, 2025. Following the allotment, VTM's paid-up share capital has increased. The pre-bonus issue capital of 40,227,600 shares has risen to a post-bonus issue total of 100,569,000 shares. The bonus equity shares now rank equally with existing equity shares, entitling holders to dividends and corporate benefits declared after the allotment.