Varvee Global Ltd Announces Sub-Division of Equity Shares through Ordinary Resolution

Varvee Global Ltd (formerly known as Aarvee Denims and Exports Limited) has announced the approval of alteration of its Memorandum of Association (MOA) by the members of the company. This alteration is a result of the sub-division or split of existing equity shares of the company. The alteration was approved through a postal ballot on February 19, 2026. The new authorized share capital of the company is Rs. 50,00,00,000/- (Rupees Fifty Crores only) divided into 7,00,00,000 (Seven Crores only) equity shares of Rs. 5/- (Rupees five only) each and 1,50,00,000 (One Crore Fifty Lacs only) Cumulative Redeemable Non-Convertible Preference Shares of Rs. 10/- (Rupees Ten only) each. This information is being disclosed as per the requirements of Regulation 30 of the SEBI Listing Regulations and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.