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Vertoz Advertising Ltd, founded in 2012, is an ad-tech Co. that offers data-driven marketing, advertising and monetization solutions to Digital Marketers, Advertising Agencies and Digital Media businesses using the latest technologies. The company has in-house developed its full-stack and has also acquired various components to complement its products.
Vertoz has filed its 4th patent application for a Machine Learning-based system to optimize digital ad delivery. This innovation aims to enhance transaction efficiency, reduce infrastructure costs, and speed up ad delivery, significantly strengthening the company's IP and technological foundation.
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Vertoz's board approved an interim dividend of Rs. 0.10 per share for FY27. Promoters waived their entitlement. The company communicated tax implications and the withholding process for the dividend payout to shareholders, reflecting stronger foundations and cash flow.
Vertoz Limited has updated its authorized personnel and contact details responsible for determining material events and making necessary disclosures to stock exchanges. This enhances corporate governance and transparency.
IncrementX, a subsidiary of Vertoz Limited, has issued 2,000 Compulsorily Convertible Debentures (CCDs) worth INR 20 Cr through a private placement to five investors. The CCDs carry a 17.5% annual coupon and have a 30-month tenure. A put and call option agreement allows the company or investors to mutually buy...