VARVEE GLOBAL LIMITED (formerly Aarvee Denims and Exports Ltd.) has announced an amendment to its Memorandum of Association (MOA). This alteration is a consequence of the sub-division or split of the company's existing equity shares. The approval for the MOA alteration was obtained through an Ordinary Resolution passed via postal ballot on February 19, 2026. The amendment specifically involves Clause (V) of the MOA, which pertains to the company's authorized share capital. The authorized share capital has been revised to ₹50,00,00,000 (Rupees Fifty Crores only). This capital is now divided into 7,00,00,000 (Seven Crores only) equity shares of ₹5/- (Rupees five only) each, and 1,50,00,000 (One Crore Fifty Lacs only) Cumulative Redeemable Non-Convertible Preference Shares of ₹10/- (Rupees Ten only) each. This intimation and the amended MOA have been uploaded to the company's website, www.varveeglobal.com.
