VTM Limited's Board of Directors has approved a significant corporate development, deciding to expand the company's stock exchange presence by listing its equity shares on the National Stock Exchange of India Limited (NSE). The decision was made during a board meeting held on January 14, 2026, marking a strategic move to enhance the company's market accessibility.

Listing Details and Share Information

The VTM Board approved the listing of 10,05,69,000 equity shares on NSE, representing the company's entire issued share capital. The key parameters of the proposed listing include:

The company's shares are currently traded exclusively on BSE Limited, and the NSE listing will provide dual exchange presence for enhanced liquidity and investor access.

Regulatory Compliance and Approvals

The Board resolution emphasizes compliance with multiple regulatory frameworks and the need for various approvals. The company will seek necessary permissions from several regulatory bodies:

• Securities and Exchange Board of India (SEBI)
• National Stock Exchange of India Limited (NSE)
• BSE Limited (BSE)
• Registrar of Companies
• Other statutory and regulatory authorities as required

The listing process will be conducted under the provisions of Section 179 of the Companies Act, 2013, SEBI Act 1992, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Professional Consultancy Engagement

To ensure smooth execution of the listing process, the Board approved the engagement of professional consultants. The company has appointed CS Mr. Amogh Diwan and CS Mr. Rohan Shinde, both Practicing Company Secretaries, as consultants for the NSE listing project.

Management Authorization

The Board has granted comprehensive authorization to key management personnel to execute the listing process. Mr. K. Thiagarajan, Chairman and Managing Director, and Ms. K. Preyatharshine, Company Secretary, have been severally authorized to handle various aspects of the listing procedure.

Their authorized responsibilities include signing and submitting listing applications, executing listing agreements, furnishing required information to regulatory authorities, coordinating with intermediaries and advisors, and performing all necessary acts to complete the NSE listing process.

Meeting Details

The Board meeting was conducted via video conference on January 14, 2026, commencing at 10:00 AM and concluding at 10:20 AM. The meeting outcome was formally communicated to BSE Limited's Corporate Relationship Department, maintaining transparency with the current stock exchange.

VTM Limited's Board of Directors has taken a significant step toward expanding its market presence by approving a proposal to list the company's equity shares on the National Stock Exchange of India Limited (NSE). The decision was made during a board meeting held on January 14, 2026, which commenced at 10:00 AM and concluded at 10:20 AM.

Listing Details and Share Information

The board has approved the listing of the company's equity shares on NSE, subject to obtaining necessary regulatory approvals. The listing proposal covers substantial shareholding and requires compliance with multiple regulatory frameworks.

Regulatory Approvals and Compliance Framework

The listing proposal is subject to receipt of approvals, consents, permissions, and sanctions from various regulatory authorities. The company will need to comply with multiple regulatory frameworks including the Companies Act, 2013, SEBI Act, 1992, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board has approved making an application to NSE for obtaining in-principle approval for listing and trading of the equity shares.

Professional Consultancy Engagement

To facilitate the listing process, the board has approved the engagement of professional consultants to guide the company through the complex regulatory requirements.

Authorized Signatories and Responsibilities

The board has authorized key personnel to execute the listing process and handle regulatory communications. Mr. K. Thiagarajan, Chairman and Managing Director, and Ms. K. Preyatharshine, Company Secretary, have been severally authorized to handle various aspects of the listing process. Their responsibilities include signing and submitting listing applications, furnishing required information to regulatory authorities, coordinating with intermediaries, and appointing necessary advisors and professionals.

Company Background

VTM Limited operates from its registered office in Sulakarai, Virudhunagar, with its Chairman's Office located at Thiagarajar Mills Premises, Kappalur, Madurai. The company holds CIN number L17111TN1946PLC003270 and has been incorporated since 1946. The company secretary Ms. K. Preyatharshine (M.No: A58314) signed the board resolution and communication to the stock exchange regarding this significant corporate development.