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VTMLimited has announced a board meeting on the allotment of 6.03 crore fully paid-up bonus equity shares in the ratio of 3 new shares for every 2 existing shares held by shareholders. This bonus issue increases the paid-up equity share capital from approximately 40.23 crore to 100.57 crore shares. The new shares carry the same rights as existing shares, including dividends and corporate benefits declared post allotment. This move strengthens shareholder value by rewarding equity holders with additional shares, enhancing liquidity and market interest.