Pavna Industries Limited has informed the Exchange about Copy of Newspaper Publication
PAVNAIND · price
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Awaiting price reaction for this filing.
Pavna Industries Limited has published newspaper advertisements in Financial Express (English) and Jansatta (Hindi) on July 5, 2025, regarding a Postal Ballot Notice dated July 3, 2025. The Postal Ballot seeks shareholder approval for two ordinary resolutions: (1) sub-division/splitting of equity shares from face value of Rs. 10 each into 10 equity shares of Re. 1 each, and (2) consequent alteration of the Capital Clause of the Memorandum of Association. The remote e-voting window runs from July 6, 2025 (9:00 AM) to August 5, 2025 (5:00 PM), with CDSL as the e-voting platform and the results to be announced on or before August 7, 2025.
If approved, the stock split will increase the number of outstanding shares tenfold and reduce the per-share price, improving liquidity and affordability for retail investors. The stock may see price adjustment on the ex-split date, though shareholder value remains unchanged.