New Delhi, Aug. 9 -- Small-cap auto stock Pavna Industries will remain in focus in Monday's trading session after the company announced the record date for its first ever stock split in the ratio of 1:10.
According to the exchange filing, the company has fixed Monday, September 1, as the record date for ascertaining the eligibility of shareholders for stock split.
" We wish to inform you that the Board of Directors has fixed a Record date for the purposes of ascertaining the eligibility of shareholders entitled for sub-division/Split of existing Equity Shares," the company said in the filing.
On July 2, Pavna Industries announced that its Board of Directors had approved a 1-for-10 stock split, subject to all necessary regulatory approv...
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