Pavna Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/07/2025 ,inter alia, to consider and approve 1. the proposal for alteration ....
PAVNAIND · price
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Pavna Industries has informed BSE and NSE that its Board of Directors will meet on Wednesday, July 2, 2025. The key item on the agenda is a proposal to alter the share capital by sub-dividing (splitting) the existing equity shares of face value Rs 10 each into shares of a lower face value, to be decided by the Board. The split is subject to shareholder approval and any required regulatory clearances. No specific split ratio has been mentioned yet. The meeting also includes a standard 'any other matters with the permission of board' agenda item.
If the stock split is approved, it will increase the number of outstanding shares and reduce the per-share price, which could improve liquidity and make the stock more accessible to retail investors. This is typically viewed as a positive signal, but the final ratio and approval are still pending.