Avax Apparels and Ornaments Ltd — Dividend/Bonus, 28-03-2026: Corp. Action

Avax Apparels And Ornaments Limited has set a Record Date to determine shareholder eligibility for its upcoming bonus issue. The company will issue three bonus equity shares of face value ₹5 for every one fully paid-up equity share held. This 3:1 bonus issue will increase the number of shares held by existing investors without any additional cost, aiming to enhance shareholder value and improve market liquidity. This move reflects a positive development for shareholders.