Pavna Industries Limited has informed the Exchange regarding change in Corporate Office of the company.
PAVNAIND · price
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Pavna Industries' board, at its meeting on July 2, 2025, approved a 1:10 stock split — one equity share of Rs. 10 face value will become ten shares of Rs. 1 each, keeping authorized capital unchanged at Rs. 30 crore and paid-up capital at about Rs. 13.95 crore. The split aims to make shares more affordable for retail investors and boost liquidity. The company also approved altering the Capital Clause (Clause V) of its MoA, a Postal Ballot notice to seek shareholder approval, and a new corporate office at Sasni, Hathras, Uttar Pradesh. Additionally, M/s Suri & Sudhir, Chartered Accountants, was appointed as Internal Auditor for FY 2025-26. The process is expected to complete within about three months, subject to shareholder and regulatory approvals.
The 1:10 stock split should lower the per-share price and attract more retail participation, potentially improving liquidity — though it does not change the company's overall value. The corporate office shift and internal auditor appointment are routine operational updates with no material impact on shareholders.