AVRO INDIA LIMITED has informed the Exchange that Record date for the purpose of Split/Subdivision is 05-May-2026.
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AVRO INDIA LIMITED has announced a record date of May 05, 2026, for a 10-for-1 stock split. The company's board has fixed this date to determine shareholder eligibility for the subdivision. Each existing equity share with face value of Rs. 10 will be split into 10 equity shares with face value of Rs. 1 each. The filing was made under Regulation 42 of SEBI (LODR) Regulations, 2015, and signed by Company Secretary Sumit Bansal.
Stock splits make shares more affordable for retail investors and can improve liquidity. While the total investment value remains unchanged, the lower price per share may attract broader participation. This generally signals management confidence in the company's growth prospects.