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Vimta Labs Announces 1:1 Bonus Share Issue, Rewarding Shareholders Amid Strong Growth

Updated: April 28, 2025 20:20

Image Source: The Hindu Business Line
Vimta Labs Ltd has announced a thrilling proposition, recommending a 1:1 bonus share issue to its shareholders. The move represents a major landmark for the firm, demonstrating its strong financial performance and dedication to rewarding its investors. Here is a brief overview:
 
Key Highlights
 
Bonus Share Issue:
 
The Board of Directors has granted approval for a 1:1 bonus share issue, wherein shareholders would be entitled to receive one bonus equity share for every fully paid-up equity share they hold.
 
The action is contingent on approval from shareholders and aligns with the company's policy to boost shareholder value.
 
Dividend Recommendation:
 
In conjunction with the bonus issue, the Board has made a recommendation to declare a dividend of ₹2 per share for the year 2024-2025.
 
This shows Vimta Labs' robust financial health and consistent commitment to rewarding its investors.
 
Operational Excellence:
 
Vimta Labs has been a pioneer in contract research and testing services, serving industries such as pharmaceuticals, food, agriculture, and environmental sciences.
 
The company's cutting-edge facilities and compliance with international standards have helped it achieve steady growth.
 
Market Impact:
 
After the announcement, Vimta Labs' stock saw a spurt, indicating positive investor outlook and faith in the company's future growth.
 
The dividend and bonus issue are likely to increase investor interest and market activity.
 
Future Prospects:
 
Vimta Labs is poised to build on its strong foundation by venturing into new areas and increasing its range of services.
 
The company continues to focus on innovation and excellence to create long-term value for its stakeholders.
 
This move reflects Vimta Labs' commitment towards rewarding its shareholders while reasserting itself as a market leader.
 
Sources: Equity Bulls, Rediff Money

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