V-Mart Retail Limited — Others, 13-05-2025: Shareholders meeting
13-05-2025 | 01:28 pm
13-05-2025 | 01:28 pm
V-Mart Retail has announced a board meeting to seek shareholder approval for increasing its authorised share capital from Rs. 25 Cr to Rs. 95 Cr by creating 7 Cr additional equity shares of Rs. 10 each. The company also plans to issue bonus shares in a 3:1 ratio by utilising up to Rs. 60 Cr from the securities premium reserve. Bonus shares will be credited fully paid and issued only in dematerialised form. Employee stock options will be adjusted to preserve their value. These moves aim to strengthen capital structure and reward shareholders.
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