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Avax Apparels plans a 1:1 stock split and 3:1 bonus issue, pending approval, to boost liquidity and retail access.
Avax Apparels And Ornaments Limited announced on February 17, 2026, a proposed 1:1 stock split and 3:1 bonus share issuance, pending approval.
The split reduces share face value from ₹10 to ₹5, while bonus shares will be issued from reserves or retained earnings.
The moves aim to boost liquidity, affordability, and retail investor access without changing overall equity value or promoter holdings.
An Extraordinary General Meeting is set for March 13, 2026, with shares expected to be credited and traded soon after regulatory clearance.
The company, active in textiles and apparel, said the steps reflect confidence in its growth.
Avax Apparels planea una división de acciones 1:1 y una emisión de bonificación 3:1, pendiente de aprobación, para aumentar la liquidez y el acceso minorista.