VARVEE GLOBAL LIMITED has informed the Exchange that the Board of Directors at its meeting held on January 16, 2026, has considered and approved subdivision of 25764339 equity shares of 10 each into 51528678 equity shares of 5 each.
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The Board of Directors of Varvee Global Limited, at its meeting held on January 16, 2026, approved a subdivision of equity shares. Each existing equity share of face value ₹10 will be split into 2 equity shares of face value ₹5 each. As a result, the total number of equity shares will increase from 2,57,64,339 to 5,15,28,678. The total share capital of the company remains unchanged at approximately ₹25.76 crore. The company will now proceed with the necessary filings and record date announcement for the split.
The stock split will not change the overall value of a shareholder's investment but will halve the share price, making it more affordable and improving liquidity. Typically, stock splits are seen as a positive signal, often attracting more retail participation and potentially supporting share price momentum in the short term.