VTM Ltd is in the business of weaving and caters to special fabric manufacturing in fine counts and complex specificationsBusiness Overview: VTM, part of the Thiagarajar Group, specializes in manufacturing grey weaving requirements and Greige & Processed Fabrics for export and domestic markets. The company offers specialty fabrics like Structured,...
VTM Limited has received a compliance certificate from KFin Technologies Ltd, its share transfer agent. This certificate confirms that during the recent quarter, the transfer agent efficiently processed dematerialization requests within 15 days. This included confirming demat requests, ensuring securities were listed, mutilating and cancelling physical certificates, and updating the...
The company has announced the passing of key shareholder resolutions via postal ballot, including amendments to its Articles of Association to permit capitalization of profits. It approved an issue of bonus shares by capitalizing up to ₹6.04 Crore from reserves, with a ratio of 3 bonus shares for every 2...
VTMLimited has announced a board meeting on which it allotted 6.03 crore fully paid-up bonus equity shares in the ratio of 3:2, meaning shareholders received 3 bonus shares for every 2 held. This increased the paid-up equity share capital from ~40.23 crore shares to ~100.57 crore shares, utilizing free reserves...
The Board has approved a proposal for a bonus issue of equity shares in the ratio of 1.5:1, allowing shareholders to receive 1.5 bonus shares for every share held, subject to shareholder approval via Postal Ballot. This translates to a rephrased ratio of 3:2. The bonus shares will be issued...
The Board of Directors has announced a board meeting where key decisions were made, including the proposed issuance of bonus shares at a ratio of 3:2, subject to shareholder approval through a Postal Ballot. Additionally, the Board approved amendments to the Memorandum and Articles of Association to facilitate this share...
