Pavna Industries Limited — Others, 05-08-2025: Shareholders meeting
05-08-2025 | 03:21 pm
05-08-2025 | 03:21 pm
Pavna Industries has shared the Scrutinizer's Report on its recent e-voting postal ballot. Shareholders overwhelmingly approved two key resolutions. The first is a 1:10 stock split, where each Rs. 10 face value share will become ten Re. 1 face value shares. This move typically aims to enhance liquidity and make the shares more affordable for retail investors. The second resolution, altering the Memorandum of Association's capital clause, also passed with strong support, a necessary step following the share split. Both resolutions received over 99.98% votes in favor.
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