Varvee Global Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/01/2026 ,inter alia, to consider and approve the sub-division (split) of the ....
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Varvee Global Ltd (formerly Aarvee Denims and Exports Ltd) has informed exchanges that its Board of Directors will meet on January 16, 2026. The main item on the agenda is to consider and approve a sub-division (split) of equity shares from a face value of ₹10 each to ₹5 each. This move is subject to shareholder approval and any regulatory clearances required under the Companies Act, 2013. The trading window for insiders has already been closed from January 1, 2026, until 48 hours after the declaration of quarterly results. No other business has been explicitly disclosed beyond the stock split.
If approved, existing shareholders will see their share count double (one ₹10 share becoming two ₹5 shares), improving liquidity and affordability of the stock. Short-term price adjustment is typical as the market price is expected to halve proportionally post-split.