Avax Apparels And Ornaments Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/02/2026 ,inter alia, to consider and approve Proposal for Stock ....
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Avax Apparels and Ornaments Ltd has informed BSE that its Board of Directors will meet on February 17, 2026 at 1:00 p.m. to consider and approve a proposal for stock sub-division (split) of equity shares. The board will also consider issuing bonus shares to existing shareholders. Both proposals are subject to necessary approvals. The trading window for dealing in the company's securities has been closed from February 12 to February 19, 2026, in line with insider trading rules.
If approved, a stock split and bonus issue typically increase share liquidity and make the stock more affordable for retail investors, which could positively impact short-term sentiment and trading volumes. Shareholders should await the board's decision on ratios and record dates.