V-MARC India Limited has allotted 12,21,03,480 fully paid-up bonus equity shares in a ratio of 5:1 to eligible shareholders. This issuance increases the company's paid-up equity share capital and rewards shareholders whose names appeared in the Register of Members as on Friday, July 03, 2026. The bonus shares rank pari-passu with existing equity shares.

The board meeting held on July 08, 2026, approved the allotment, resulting in a revised share capital structure. The total number of equity shares post-allotment stands at 14,65,24,176, amounting to a capital of ₹1,46,52,41,760.

In governance changes, the board appointed Mrs. Neha Rastogi as an Additional Non-Executive Independent Director effective July 08, 2026, for a term of five years subject to shareholder approval. The board also constituted the Risk Management Committee (RMC) with immediate effect, comprising Mr. Deepak Prabhakar Tikle as Chairperson, Dr. Shailesh Kumar Agrawal, Mrs. Neha Rastogi, and Mr. Divya Kiran Bansal as members.

The board approved revising the remuneration of Mr. Vikas Garg, Managing Director, and Mr. Deepak Prabhakar Tikle, Executive Director, pending shareholder approval. Furthermore, the company proposed enhancing limits under Section 180(1)(a) and Section 180(1)(c) of the Companies Act, 2013. The borrowing and asset creation limits are set to increase from ₹600 crore to ₹800 crore, subject to a Special Resolution at the ensuing Annual General Meeting.

V Marc India Limited has revised the record date for its bonus issue to Tuesday, July 07, 2026, following advice from the exchange. The company will issue five new equity shares of ₹10 each for every one existing equity share of ₹10 fully paid-up held by shareholders as on the revised record date. This 5:1 bonus issue rewards shareholders without additional cash outflow and follows the earlier approval via postal ballot.

Shareholders had previously approved the increase in authorised share capital to ₹150 crore and the issuance of bonus shares through capitalization of reserves. The resolutions were passed on June 29, 2026, with 100% of the votes polled in favour. The authorised share capital now stands at ₹1,50,00,00,000 divided into 15,00,00,000 equity shares of ₹10 each.

Voting Results

The postal ballot and e-voting process was conducted by Ms. Komal Ahuja of M/s Komal & Associates, Practicing Company Secretaries. The remote e-voting period was open from May 31, 2026, to June 29, 2026. A total of 58 members cast valid votes, representing 1,64,73,946 shares, which constituted 67.46% of the total outstanding shares.

Director Appointment

Dr. Shailesh Kumar Agrawal (DIN: 11622405) was appointed as an independent director of the company. The resolution received unanimous approval from the shareholders who participated in the voting process. The promoter and promoter group, holding 1,58,41,696 shares, voted in favour of all resolutions along with public shareholders.