Shareholders Jackpot Unlocked! Multibagger Announces 1:10 Stock Split; How To Get Eligible Before Record Date?

Stock Split Alert: Pavna Industries shares remained in focus during the week after the company announced the dividend record date for the stock split in the ratio of 1:10. Pavna Industries shares have surged around 7.28% in the past five trading sessions amid the corporate action buzz.

However, the multibagger stock saw some price correction on Thursday as it ended 1.64% lower at Rs 412 per share on BSE with a market capitalisation of Rs 574.86 crore. The stock had touched an intraday high mark of Rs 424.3 per share and an intraday low mark of Rs 405.40 per share.

Pavna Industries Stock Split Record Date

The company's board of directors had earlier approved a stock split of 1:10. Pavna Industries' board of directors had fixed the record date for the stock split as 1 September. "Sub-division of One (1) Equity Share of face value of Rs. 10/- (Rupees Ten only) each into Ten (10) equity shares of face value of Re.1/- (Rupee One only) each," noted the company in its BSE filing released earlier.

Pavna Industries Q1 Result Recap

The company registered a 6% year-on-year decline in its net profit to Rs 209.54 lakh for the June quarter of the financial year 2025-26. Pavna Industries' net profit stood at Rs 223.27 lakh in the June quarter of FY25.

The consolidated net profit increased by 23% as against Rs 169.9 lakh posted in the January-March quarter. Pavna Industries' revenue from operations fell nearly 41% every year to Rs 3027.86 lakh from Rs 5167.83 lakh in the year-ago period.

Pavna Industries Stock Split: How To Get Eligible?

To become eligible for the Pavna Industries stock split, investors must purchase stock on or before the record date, ie 1 September. A company fixes the record date to determine the eligibility of the shareholders for the record date.

Pavna Industries Share Price Trend

The company scrip ended in red at Rs 412 per share on BSE on Thursday. The stock had touched a 52-week high mark of Rs 759.55 per share on BSE on 14 October, 2024 and a 52-week low mark of Rs 295.2 per share on 3 March, 2025. The small-cap stock has declined around 14.56% since the beginning of the year 2025.

The company's recent announcements, such as a 1:10 stock split that aims to improve liquidity and accessibility, are primarily responsible for this upward momentum. September 1, 2025, has been designated as the stock split's record date.

Pavna Industries is an automotive company that is a full-capacity provider, providing high-quality automotive reliable parts like Ignition Switches, Fuel Tank Caps, Latches, Auto Locks, Handles, Switches, Oil Pump, Carburettor, Throttle Body, Fuel Cocks, etc.

The company was founded in 1971 by Pawan Jain. The company witnessed a significant break when Bajaj Automobiles became the first OEM buyer from the organisation. Pavna Industries started its auto locks, fuel cocks and other automotive parts in 1980s.