V Marc Share Price Today

V-Marc India receives Rs 100.74 crore LOI from PuVVNL for HT XLPE cables

V-Marc India received a Rs 100.74 crore Letter of Intent (LOI) from PuVVNL for HT XLPE cables. This is a pre-contractual filing; revenue recognition starts only after formal work order issuance. No prior order disclosures exist in the last 3 quarters, so book-to-bill ratios cannot be calculated. The LOI value is ~19% of the company's average quarterly revenue of Rs 520.58 crore. Valuation at 48.1x P/E (as of 20 Aug 2026) implies high expectations for future execution efficiency.

V Marc discloses material Joint Venture with Annapurna Rathi

V-MARC India Limited disclosed a material Joint Venture with Annapurna Rathi Cable Industries Limited for the Nepal market, focusing on Medium Voltage Covered Conductors (MVCC). The agreement, effective until 31 March 2030, involves no equity acquisition but outlines a variable shareholding structure. The move aims to expand the company's international footprint and access new technologies.

V Marc allots bonus shares in 5:1 ratio, raises borrowing limits

V Marc India Limited allotted 12.21 crore bonus shares in a 5:1 ratio, increasing its paid-up capital to ₹1,46,52,41,760. The board also appointed Mrs. Neha Rastogi as an Independent Director and raised borrowing limits to ₹800 crore pending shareholder approval.

V Marc sets 5:1 bonus ratio, shifts record date

V Marc India Limited revised the record date for its bonus issue to July 07, 2026, to issue five shares for every one held. Shareholders previously approved increasing authorised capital to ₹150 crore and the bonus issue via postal ballot with 100% support.

V-MARC India to host analyst plant visit on June 5

V-MARC India Limited will host a plant visit and group meeting for analysts and institutional investors on June 5, 2026, at its manufacturing facility in Haridwar, Uttarakhand. The event, organized by Washuvi Financial Advisory LLP, will commence at 1100 hrs. The company stated that no unpublished price-sensitive information will be shared during the interaction.

V-Marc India seeks approval for 5:1 bonus issue and capital increase

V-Marc India Limited has initiated a postal ballot process seeking shareholder consent for a 5:1 bonus issue, capitalizing up to ₹1,22,10,34,800, and increasing authorised share capital to ₹1,50,00,00,000. The company also proposes appointing Dr. Shailesh Kumar Agrawal as an Independent Director for a five-year term. Remote e-voting is available from May 31, 2026, to June 29, 2026, for members registered as of May 22, 2026.