Vertoz Limited's Board of Directors met on 23rd April 2025 and approved the consolidation of the company's equity share capital in a 10:1 ratio. This means 10 equity shares with a face value of ₹1 each will be consolidated into 1 equity share with a face value of ₹10 each.

• The authorized share capital will change from 100,00,00,000 shares of ₹1 (₹100 crore) to 10,00,00,000 shares of ₹10 (₹100 crore).
• The issued, subscribed, and paid-up share capital will change from 85,23,00,000 shares of ₹1 (₹85.23 crore) to 8,52,30,000 shares of ₹10 (₹85.23 crore).

The board also approved the alteration of the Memorandum of Association (MOA) and the notice for the postal ballot to seek shareholder approval for the consolidation and MOA alteration. The consolidation is subject to shareholder and regulatory approvals and is expected to be completed within 6 months from the date of shareholder approval.

The company stated the rationale for the consolidation includes improving key financial ratios, better reflecting market value, conveying stronger financial stability, enhancing investor perception, rebuilding investor confidence, and strengthening the company's image.