Vimta Labs Limited — Others, 15-05-2025: Shareholders meeting

Vimta Labs Limited has announced a board meeting to consider the financial results for the quarter and half-year and to hold its 35th Annual General Meeting via video conferencing. The company plans a ₹2 dividend per share and proposes a 1:1 bonus share issue. It aims to raise borrowing limits to ₹300 Cr and expand into biologics CDMO activities with a proposed ₹50 Cr investment. Director re-appointments, cost and secretarial auditor appointments, and revised remuneration for key executives align with the company’s growth and strategic diversification into biopharma.