Vertoz Limited — Board Meeting, 23-04-2025: Outcome of Board Meeting

Vertoz Limited has announced a board meeting outcome that includes the approval for consolidation of its equity share capital in a 10:1 ratio, changing the face value from Re. 1 to ₹10 per share. This move aims to enhance financial ratios, align market value with intrinsic value, and strengthen investor confidence. Additionally, the board approved a postal ballot notice to seek shareholder approval for this consolidation. The company expects the consolidation process to be completed within six months upon shareholder approval.