Avax Apparels and Ornaments Ltd — Dividend/Bonus, 16-03-2026: Corp. Action

Avax Apparels And Ornaments has set Friday, March 27, as the Record Date for its stock sub-division. Each existing equity share with a face value of ₹10 will be split into two equity shares, each having a face value of ₹5. This move aims to increase the number of shares outstanding, potentially improving liquidity and making the shares more accessible to a wider base of retail investors. Shareholders will receive two shares for every one share they currently hold, with the overall investment value remaining unchanged.