Pavna Industries Limited — Others, 05-08-2025: Shareholders meeting

Pavna Industries shareholders have approved two key resolutions via postal ballot. The primary approval is for a 1-for-10 stock split, where each equity share with a face value of Rs. 10 will be sub-divided into 10 shares of Re. 1 each. This stock split, overwhelmingly approved by over 99% of votes polled, aims to enhance liquidity and make shares more accessible for retail investors. Shareholders also approved the necessary alteration to the company's Memorandum of Association to reflect this change in capital structure. Both resolutions passed with strong majority support.