Valiant Organics Limited — Important, 25-03-2025: General Updates
25-03-2025 · 06:06 pm
Valiant Organics has announced a board meeting for the allotment of 4,05,561 fully paid-up bonus equity shares to holders of Optionally Convertible Preference Shares previously converted into equity on a 1:1 basis. The total paid-up equity share capital has increased from ₹27.59 crore to ₹28.00 crore. This strategic move enhances liquidity and shareholder value, as bonus shares typically signal confidence in the company's future. Investors may view this positively, anticipating increased shareholder engagement and potential upside in stock performance.
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