Vantage Knowledge Academy Approves Bonus Shares and Interim Dividend

Vantage Knowledge Academy Ltd., established in 2013, is a premier institute based in Mumbai, India, dedicated to providing quality education of international standards for individuals pursuing careers in finance and banking. The academy caters to individuals, corporations, and online learners through traditional classroom setups and online platforms.  

Bonus Share Announcement

In a recent filing, the Vantage Knowledge Academy informed exchanges of its decision to issue bonus shares in the ratio of 1:1. This implies that shareholders will receive one additional share for every share they hold. The record date for this corporate action has been set as 12th January 2025.

Interim Dividend Declaration

In addition to the bonus shares, the board of directors has declared an interim dividend of ₹2.50 per equity share. The same record date, 12th January 2025, will be applicable for dividend eligibility.

Corporate Outlook

The company, which operates in a niche segment, has demonstrated impressive growth in revenues and profitability, driven by its strategic initiatives and strong demand for its offerings. Analysts believe the bonus issue and dividend declaration reflect the management’s confidence in the company’s future prospects.

Share Price Performance 

Vantage Knowledge Academy Ltd closed Intraday today at ₹206.95 per share on NSE, a 5% increase and hitting the upper circuit.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.