AVI Polymers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/06/2026 ,inter alia, to consider and approve 1. Sub-division / Stock Split ....
Awaiting price reaction for this filing.
AVI Polymers Ltd has scheduled a Board meeting on June 4, 2026 to consider three key proposals. First, a stock split in a 1:10 ratio (one share into ten) to improve liquidity and attract retail investors. Second, a bonus issue of up to 10:1 (ten bonus shares for every one held), subject to shareholder approval, to reward existing shareholders. Third, the company plans to diversify into green tech and sustainability sectors including industrial waste management, advanced material recycling, and carbon footprint optimization services. The trading window has been closed with immediate effect.
Both the stock split and bonus issue are strongly positive for shareholders, as they increase the number of shares held without additional cost. The stock split lowers the per-share price, making it more affordable for retail investors, while the bonus issue directly rewards shareholders. The diversification into ESG-related businesses signals potential growth beyond the company's current polymer operations.