V-Mart Retail Board to Consider Bonus Share Issue on May 2

V-Mart Retail Ltd. has informed stock exchanges that its Board of Directors will meet on Thursday, May 2, 2025. One of the key items on the agenda is to consider and approve a proposal for issuing bonus shares.

As of 9:53 AM on April 30, 2025, V Mart Retail share price was trading at ₹3,301.40, 1.29% up, and the stock has declined 20.17% over the past six months but gained 57.30% over the past year.

Filing and Compliance Details

The announcement was made through an official notice dated April 29, 2025. The company stated that this proposal will be discussed in line with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. If approved, the bonus issue will follow provisions under the Companies Act, 2013 and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The update was shared with both the National Stock Exchange (NSE) and BSE Ltd.

Signatory and Documentation

The disclosure was signed by Megha Tandon, Company Secretary and Compliance Officer of V-Mart Retail Ltd. The company requested the exchanges to take the information on record as part of its routine compliance process.

Context

The outcome of the board meeting on May 2 will determine whether a bonus share issue will be approved. The company has not disclosed any further details at this stage such as the bonus ratio or record date, which are typically announced after board approval.

Read more: Vimta Labs Board Approves 1:1 Bonus Share Issue and Final Dividend.

Conclusion

V-Mart Retail has officially scheduled a board meeting on May 2, 2025, to discuss a possible bonus share issue. The decision, if taken, will be made public following the meeting as per regulatory requirements. Investors will need to wait for further announcements from the company.

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