Varvee Global announces stock split, amends MOA

Stock SplitCorporate Actions View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-3.0%Reaction day

₹66.98

prior close

₹67.55

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-2.9% vs market

Other Textile Products peers, median of 178sector-0.1%-2.9% vs sector

On the reaction day the stock moved 2.9 pts less than Nifty Microcap 250 and 2.9 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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Sessions after the filingfrom the prior close

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Reaction day

-3.0-0.2-2.9-0.1-2.9

Next day

+0.2-0.0+0.2-0.4+0.6

-0.3-1.3+1.0-1.6+1.3

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15d

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-8.9+3.1-12.0-0.2-8.8

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 178Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Varvee Global Limited (formerly Aarvee Denims) has amended its MOA after shareholders approved a stock split via postal ballot on Feb 19, 2026. New authorized capital stands at Rs. 50 crores, divided into 7 crore equity shares of Rs. 5 each and 1.5 crore cumulative redeemable preference shares of Rs. 10 each.

Likely market impact

Stock split makes shares more affordable for retail investors. Existing share count will increase proportionally per shareholder.