Varvee Global Limited's Board of Directors, in a meeting held on January 16, 2026, approved a sub-division of equity shares. Each equity share with a face value of ₹10 will be split into two equity shares of ₹5 each. This move aims to make the shares more affordable and attractive to retail investors, thereby enhancing market liquidity. The company also approved a consequential alteration in the Capital Clause of its Memorandum of Association and will seek shareholder approval through a postal ballot. Mr. Tapan Shah has been appointed as the Scrutinizer for the postal ballot process.

In other significant 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. The Board also approved revisions in the remuneration of Mr. Jaimin Kailash Gupta, Managing Director, and Mr. Tarachand Agrawal, Whole Time Director, subject to shareholder approval.

The meeting commenced at 4:15 PM and concluded at 4:30 PM. The share split is expected to be completed within approximately two months from the date of shareholder approval.