Vertoz Limited — Others, 08-05-2025: Shareholders meeting

Vertoz Limited has announced a board meeting to seek shareholder approval for consolidating its equity shares from Re. 1 to Rs. 10 each. This move aims to strengthen key financial ratios and better reflect the company’s intrinsic value, making the stock more attractive and less volatile for investors. Every 10 existing shares will convert into 1 consolidated share, with no change in overall share capital. Fractional shares will be sold, and proceeds distributed to shareholders. Employee stock options will be adjusted to align with the consolidation.