By Admin 
- AVI Polymers shares closed at 15.21 with 5% upper circuit.
- The board will consider 1:10 stock split and 10:1 bonus shares.
- If the proposal is approved, the number of investors’ shares will increase 110 times.
- The company is preparing to enter future areas.
AVI Polymers Limited Shares: Shares of polymer manufacturing company AVI Polymers Limited (AVI Polymers Shares) closed at 15.21 on Friday, May 29, touching the upper circuit of 5 percent. An important meeting of the Board of Directors of the company is going to be held on June 4, 2026.
In this, the proposal of stock split in the ratio of 1:10 and bonus shares in the ratio of 10:1 will be considered and approved. As soon as the company gave its information to the stock exchanges last Friday, there was a rise in the shares.
What will be the benefit to investors?
If both these proposals are actually approved in the board meeting, then the number of shares currently held by investors will increase significantly compared to before. Due to stock split in the ratio of 1:10, your share of Rs 10 face value will be divided into 10 shares of Rs 1 face value. After the stock split, you will get 10 free bonus shares for every share. Understand it this way – if you currently hold 100 shares of AVI Polymers, after the 1:10 split the number of shares will be 1000 (100×10) will go.
At the same time, after the bonus of 1:10, Rs. 1000 on 1000 shares. ×10= 10000 bonus shares will be available for free. That means the total number of shares will be 11000. The thing to keep in mind here is that in proportion to the increase in the number of shares by 110 times, their price in the stock market will also come down. But the total value will remain the same.
Share made profit
This company with a market cap of around Rs 143.10 has given multibagger returns of around 138% to 140% in the last one year. Its 52-week high range has been Rs 29.41 and low range has been Rs 5.43. Along with chemical and polymer business, the company is also preparing to enter new and future sectors like green technology, waste management and recycling.
(The information provided here is being given for information only. It is important to note here that investing in the market is subject to market risks. Always seek expert advice before investing money as an investor. ABPLive.com It is never advised for anyone to invest any money here.)
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