Varvee Global Limited Schedules Board Meeting for January 16, 2026 to Consider Share Sub-Division and Q3FY26 Results

1 min read     Updated on 12 Jan 2026, 07:18 PM
scanx
Reviewed by
Radhika SScanX News Team
Overview

Varvee Global Limited has scheduled a board meeting for January 16, 2026, to consider the sub-division of equity shares from ₹10 to ₹5 face value and review Q3FY26 financial results. The proposed share split requires compliance with the Companies Act, 2013, and various regulatory approvals including shareholder consent. The company has implemented trading window restrictions for insiders and connected persons from January 1, 2026, until 48 hours after the quarterly results declaration, in line with SEBI insider trading regulations.

29771302

*this image is generated using AI for illustrative purposes only.

Varvee Global Limited has announced a board meeting scheduled for Friday, January 16, 2026, to consider important corporate decisions including equity share sub-division and quarterly financial results review. The company has informed both BSE Limited and National Stock Exchange of India Limited about this meeting in compliance with Regulation 29 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015.

Key Agenda Items for Board Meeting

The board meeting will address several critical matters that could impact shareholders and the company's capital structure:

Agenda Item: Details
Share Sub-Division: Face value reduction from ₹10 to ₹5 per equity share
Regulatory Compliance: Section 61 of Companies Act, 2013
Required Approvals: Governmental, statutory, regulatory, and shareholder approvals
Additional Matters: Other business with board permission

Share Sub-Division Proposal

The primary focus of the meeting will be the consideration and approval of equity share sub-division. The company proposes to split the face value of existing equity shares from ₹10 each to ₹5 each. This corporate action requires compliance with Section 61 of the Companies Act, 2013, and is subject to obtaining necessary governmental, statutory, and regulatory approvals, including shareholder consent.

Trading Window Restrictions

In accordance with insider trading regulations, Varvee Global Limited has implemented trading restrictions for specific categories of individuals. The trading window closure affects connected persons, insiders, designated persons, and their immediate relatives as defined under the company's Code of Conduct.

Parameter: Details
Closure Start Date: January 1, 2026
Closure End: 48 hours after Q3FY26 results declaration
Applicable Period: Quarter ended December 31, 2025
Regulatory Framework: SEBI (Prohibition of Insider Trading) Regulations, 2015

Regulatory Compliance and Documentation

The company has formally notified both major stock exchanges about the upcoming board meeting. Varvee Global Limited trades on BSE with scrip code 514274 and on NSE with symbol VGL. The notification was signed by Abira Mansuri, Company Secretary and Compliance Officer, ensuring proper adherence to disclosure requirements under SEBI regulations.

The company, formerly known as Aarvee Denims and Exports Limited, continues to maintain transparency in its corporate governance practices through timely regulatory filings and stakeholder communications.

Historical Stock Returns for Varvee Global

1 Day5 Days1 Month6 Months1 Year5 Years
-5.65%+3.12%-13.01%-23.95%-0.39%+529.27%

Varvee Global Increases Non-Denim Production Capacity to 18 Lakh Meters Monthly

2 min read     Updated on 05 Jan 2026, 12:47 PM
scanx
Reviewed by
Riya DScanX News Team
Overview

Varvee Global Limited has expanded its non-denim production capacity by 6 lakh meters monthly, reaching 18 lakh meters total capacity for shirtings and suitings fabrics. The expansion, announced on January 5, 2026, represents a 50% increase and aligns with the company's strategic diversification goals under new management, with an ultimate target of 50 lakh meters monthly capacity.

29143066

*this image is generated using AI for illustrative purposes only.

Varvee Global Limited has announced a significant expansion of its production capabilities in the non-denim segment, as disclosed in its regulatory filing under Regulation 30 of SEBI regulations on January 5, 2026. The textile manufacturer has successfully increased its monthly production capacity by 6 lakh meters, bringing the total monthly capacity to 18 lakh meters specifically for non-denim products including shirtings and suitings fabrics.

Production Capacity Enhancement

The capacity expansion represents a substantial boost to the company's manufacturing capabilities in value-added textile products. The following table highlights the production enhancement:

Parameter: Details
Capacity Increase: 6 lakh meters monthly
Previous Capacity: 12 lakh meters monthly
New Total Capacity: 18 lakh meters monthly
Product Category: Non-denim shirtings and suitings
Percentage Growth: 50.00% increase
Announcement Date: January 5, 2026

This expansion demonstrates Varvee Global's commitment to scaling its operations in the non-denim segment as part of the new management's strategic focus on diversification beyond traditional denim products.

Strategic Expansion Goals

Beyond the current capacity enhancement, Varvee Global has outlined ambitious targets for future growth in the non-denim category. The company has set substantial expansion goals to strengthen its market position:

Expansion Target: Specification
Ultimate Target Capacity: 50 lakh meters monthly
Product Focus: Non-denim segment
Strategic Direction: Diversification beyond denim
Implementation Method: Optimisation of existing facilities

The non-denim segment expansion reflects the company's strategic diversification efforts under new management and its response to growing market demand for value-added textile products.

Management Commentary

Commenting on the development, Mr. Jaimin Kailash Gupta, Managing Director of Varvee Global Limited, said: "The increase in production capacity is an important step in our growth strategy. This expansion will help us meet rising customer demand, improve turnaround times, and further strengthen our position in the Non-Denims – Shirtings and Suitings Fabrics."

Operational Excellence and Implementation

The additional capacity has been achieved through optimisation of existing manufacturing facilities and implementation of improved production processes. This approach enables the company to scale operations while maintaining stringent quality standards. The expansion has been undertaken to address growing market demand while strengthening the company's manufacturing capabilities in specialized textile products.

With this expanded capacity, Varvee Global Limited is well positioned to enhance customer satisfaction and explore new business opportunities across markets. This development reflects the company's commitment to operational excellence, product innovation, and long-term sustainable growth in the competitive textile manufacturing sector.

Historical Stock Returns for Varvee Global

1 Day5 Days1 Month6 Months1 Year5 Years
-5.65%+3.12%-13.01%-23.95%-0.39%+529.27%

More News on Varvee Global

1 Year Returns:-0.39%