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V-Mart Retail LimitedBoard Meeting, 02-05-2025: Outcome of Board Meeting

02-05-2025 | 03:12 pm

V-Mart Retail has announced a board meeting on May 2, 2025, approving the audited financial results for the quarter and year ended March 31, 2025, with a profit of Rs. 71.63 Cr for the year. The Board opted to retain earnings, skipping dividends, to fuel growth. A 3:1 bonus share issue is proposed, potentially boosting paid-up capital from Rs. 19.8 Cr to about Rs. 79.2 Cr. Authorized share capital may also rise from Rs. 25 Cr to Rs. 95 Cr. KPMG is re-appointed as Internal Auditors, while new Secretarial Auditors await member approval.

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