StockWatch
·
Other Textile Products
Corporate Action31 Oct 2026, 06:30 pm

Varvee Global Ltd: MOA Amended Post Share Split

AI Summary

Varvee Global Ltd announced that its members have approved the alteration of the Memorandum of Association (MOA) following a sub-division/split of existing equity shares. The alteration was approved via an ordinary resolution passed through postal ballot on October 30, 2026. The amended MOA now reflects the new share capital structure, with the authorized share capital set at Rs. 50,00,00,000/- divided into 17,50,00,000 equity shares of Rs. 2/- each and 1,50,00,000 Cumulative Redeemable Non-Convertible Preference Shares of Rs. 10/- each. The company has also updated its website with the amended MOA.

Key Highlights

  • MOA altered to reflect share split.
  • Members approved alteration via postal ballot.
  • Authorized share capital updated post-split.
  • New equity shares priced at Rs. 2 each.