VGVarvee Global514274Stock split declared

Record date fixed for sub-division: Rs. 5/- face value shares to be split into Rs. 2/- shares

Varvee Global has fixed Friday, November 27, 2026 as the record date for the sub-division of its equity shares — each Rs. 5/- face value share to be split into Rs. 2/- face value shares.

By ScoutQuest · Sat 31 Oct 2026, 6:40 PM IST · 2 min read

Record Date

Friday, November 27, 2026

Face Value Split

Rs. 5/- face value share to be split into Rs. 2/- face value shares

Shareholder Approval

postal ballot on 30 October 2026

What has been announced

Varvee Global Limited has fixed Friday, November 27, 2026 as the record date for the sub-division of its equity shares. The change was approved by the equity shareholders through postal ballot on 30 October 2026.

What the sub-division does

• Each equity share of face value of Rs. 5/- (Rupees Five only), fully paid-up, will be sub-divided into equity shares of face value of Rs. 2/- (Rupee Two only), fully paid-up.
• The resulting shares rank pari-passu in all respects.
• In a sub-division the face value per share falls and the number of shares goes up in the same proportion, so the total paid-up capital does not change. This is how a split works in general; the effect for a holder depends on the number of shares held on the record date.

Record date and eligibility

• Record date: November 27, 2026.
• Shareholders whose names appear on the register on that date are the ones whose entitlement is determined for the sub-divided shares.
• Book closure: Not Applicable for this corporate action.
• The company has stated it will ensure that the time gap between the two record dates is at least 30 days.

In simple terms

A sub-division is also called a split. It changes the face value printed on each share and increases how many shares represent the same holding. Here the face value moves from Rs. 5/- to Rs. 2/-, a change on the record date of November 27, 2026.

What the update tells a shareholder

• Who is covered: holders of equity shares as on the record date.
• The change: face value from Rs. 5/- to Rs. 2/- per share.
• The approval: postal ballot of equity shareholders on 30 October 2026.

The update records the record date and the change in face value; keep it alongside your demat holdings to confirm your entitlement once the record date passes.

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