Valiant Communications Limited, a prominent player in the telecommunications equipment sector, has made a significant announcement that is set to benefit its shareholders. The company's Board of Directors has approved the issuance of bonus shares in a ratio of 1:2, effectively rewarding its investors with additional equity.

Bonus Share Details

The Board of Directors, in their meeting held on September 3, 2025, approved the proposal to issue bonus shares to the company's shareholders. Under this scheme, shareholders will receive one new fully paid-up bonus equity share for every two existing equity shares held. This move is subject to shareholder approval at the forthcoming Annual General Meeting scheduled for September 30, 2025.

Key Points of the Bonus Issue

• Ratio: 1:2 (One new share for every two existing shares)
• Face Value: Each new bonus share will have a face value of ₹10
• Eligibility: Shareholders on the yet-to-be-announced Record Date
• Total New Shares: 38,14,030 equity shares to be issued

Impact on Share Capital

The bonus issue will significantly expand Valiant Communications' paid-up equity share capital:

Financial Aspects

• The bonus shares will be issued from the company's reserves, including the Capital Redemption Reserve, Securities Premium, and Retained Earnings.
• A total of ₹3,81,40,300 will be capitalized for this purpose.
• As of March 31, 2025, the company reported a robust balance of ₹50,81,69,683 in its reserves available for capitalization.

Management's Perspective

The Board of Directors has recommended this bonus issue with the intention of rewarding the company's shareholders. This decision also addresses the need to expand the company's paid-up equity share capital, potentially improving stock liquidity and making it more accessible to a broader range of investors.

Timeline and Next Steps

1. The bonus issue is subject to shareholder approval at the AGM on September 30, 2025.
2. The company will announce the Record Date for determining eligible shareholders in due course.
3. Valiant Communications aims to credit or dispatch the bonus shares within two months from the Board's approval date, i.e., by November 2, 2025.

This bonus issue represents a significant corporate action by Valiant Communications, reflecting the company's commitment to enhancing shareholder value. Investors should keep an eye out for further announcements regarding the Record Date and the formal approval at the upcoming Annual General Meeting.

Valiant Communications Limited , a prominent player in the telecommunications equipment sector, has announced a significant development that could potentially benefit its shareholders. The company has scheduled a crucial board meeting for September 3, 2025, with the primary agenda being the consideration of a bonus share issuance.

Board Meeting Details

The company, in its official communication to the BSE Limited, stated that the meeting of the Board of Directors is set to take place on Wednesday, September 3, 2025. The main item on the agenda is to "consider and approve the proposal for issue of Bonus Equity Shares to the shareholders of the Company." It's important to note that any decision made during this meeting will be subject to the approval of the company's members.

Trading Window Closure

In line with regulatory requirements and Valiant Communications' commitment to fair disclosure practices, the company has also announced a temporary closure of the trading window. This measure is in accordance with the company's policy for fair disclosures of unpublished price sensitive information and the Code of conduct for regulating, monitoring, and reporting of trading by Insiders.

The trading window for dealing in the company's securities will remain closed for all designated persons and their immediate relatives. This closure will be in effect until 48 hours after the declaration of the outcome of the aforementioned Board Meeting. This step is taken to ensure compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and to maintain the integrity of the market.

Potential Impact

While the specifics of the bonus share proposal are yet to be disclosed, such initiatives are generally viewed positively by shareholders. Bonus shares, if approved, would be additional shares given to existing shareholders without any extra cost, effectively increasing their stake in the company proportionately.

Investors and market watchers will be keenly awaiting the outcome of this board meeting, as it could have significant implications for Valiant Communications' share structure and potentially its market valuation.

The management of Valiant Communications, an ISO 9001:2015 and ISO 14001:2015 certified company, has emphasized that this information is being shared for the records of BSE Limited and for public dissemination. As the date approaches, all eyes will be on the company's board meeting and the decisions that emerge from it.

Shareholders and potential investors are advised to stay tuned for further updates following the September 3 board meeting, where the details of the proposed bonus share issuance are expected to be finalized.