Varvee Global Ltd Approves 5:2 Equity Share Split

Varvee Global Ltd's Board of Directors has approved a sub-division of its equity shares, splitting each share with a face value of Rs. 5 into five equity shares with a face value of Rs. 2. This move is intended to improve market liquidity and make shares more accessible to retail investors. The company will also alter its Memorandum of Association to reflect this change. A postal ballot will be conducted to seek shareholder approval, and a scrutinizer has been appointed to oversee the voting process. The record date for the split will be announced later.