VTM Ltd Plans to Share the Wealth—Bonus Shares on the Table

VTM Ltd has informed that its Board of Directors will meet on April 16, 2025, to consider a proposal for issuing bonus shares. The corporate action will benefit current shareholders by enhancing their shareholding without extra expense. The gathering will also take into consideration raising the authorized share capital of the company if necessary.

 

Bonus shares are usually distributed out of a firm's retained earnings or free reserve, increasing shareholders' value as well as widening the equity base. This action demonstrates VTM Ltd's intent to improve investor sentiment and liquidity in its share.

 

The move comes after VTM Ltd's latest announcement of an interim dividend of ₹0.25 per equity share for the FY 2024-25 with the record date of January 20, 2025. The move emphasizes the company's intent of offering shareholder returns in a consistent manner.

 

Investors are recommended to keep themselves updated on the outcome of the board meeting as the issuance of bonus shares is likely to have a favorable effect on VTM Ltd's market performance and trading volume.

 

Sources: Moneycontrol, Economic Times, Angel One