Varvee Global Limited announced a significant board meeting outcome on January 16, 2026, which included the approval of a sub-division (stock split) of its equity shares. The proposal is for 1 existing equity share of face value ₹10 to be split into 2 equity shares of face value ₹5 each. This is subject to shareholder and other necessary approvals. The rationale behind the split is to make the shares more affordable and attractive to retail investors, thereby enhancing market liquidity.

The board also approved a consequential alteration in the Capital Clause (Clause V) of the Memorandum of Association and approved the Notice of Postal Ballot to seek shareholder approval. Mr. Tapan Shah, Practicing Company Secretary, has been appointed as the Scrutinizer for the postal ballot and remote e-voting process.

In other key decisions, the board accepted the resignation of Mr. Sanjay Vyas as Internal Auditor, effective from November 30, 2025. Subsequently, M/s Jagetiya & Co, Chartered Accountants, has been appointed as the new Internal Auditor for the Financial Year 2025-26 to fill the casual vacancy.

Furthermore, the board approved revisions in the remuneration of Mr. Jaimin Kailash Gupta, Managing Director, and Mr. Tarachand Agrawal, Whole Time Director, subject to shareholder approval. The board meeting commenced at 4:15 P.M. and concluded at 4:30 P.M. The company anticipates the stock split to be completed within approximately two months from the date of shareholder approval.