1:10 stock split: Automotive components manufacturer expands landholding near Jewar Airport with strategic 1.89 acres acquisition

Pavna Industries, a key player in the automotive components sector, has expanded its presence near Jewar Airport in Uttar Pradesh by acquiring an additional 1.89 acres of land. This strategic move aligns with the company's long-term goal of establishing a strong manufacturing and innovation hub in a rapidly developing industrial zone. The new landholding is expected to support Pavna's plans to better serve its growing client base across various vehicle segments, including passenger cars, two and three-wheelers, and commercial and off-road vehicles.

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About the Company

Since its incorporation in 1994, Pavna Industries Limited, formerly Pavna Locks Limited, has become a prominent manufacturer of high-quality automotive components. The company supplies a diverse range of parts, including ignition switches, fuel tank caps, and latches, to various vehicle segments such as passenger cars, two-wheelers, and commercial and off-road vehicles. With over 50 years of experience, Pavna is a well-established leader in the South Asian automotive industry, known for its innovation and market presence. Its state-of-the-art manufacturing plants in Aligarh, Aurangabad, and Pantnagar are strategically located near its OEM clients, enabling efficient service and timely delivery. The company serves a wide array of esteemed customers, including Bajaj, Honda, dividend-payout-two-wheeler-manufacturer-declares-1000-per-cent-interim-dividend-id001-47575">TVS and Mahindra, and also has a strong presence in international markets like Italy and the U.S.A.

Pavna Industries is committed to continuous technological advancement and customer satisfaction. The company undertakes extensive research and development (R&D) to enhance its product portfolio, improve product quality, and upgrade manufacturing processes. This commitment is supported by in-house R&D capabilities and strategic collaborations, such as its joint venture with Sunworld Moto Industrial Co. By keeping customers' needs at the forefront, Pavna strives to provide the latest and most innovative products, ensuring it remains a leader in the automotive components industry.

Pavna Industries Limited has approved a 10-for-1 stock split. This means that for every one share currently held with a face value of Rs 10, shareholders will soon have ten shares, each with a face value of Re 1. The record date for the multibagger-railway-infrastructure-stock-in-focus-as-board-is-likely-to-announce-stock-split-id001-51995">stock split is fixed as Monday, September 01, 2025.

As of June 2025, Promoters own 61.50 per cent stake, FIIs own 6.38 per cent stake and the remaining 32.12 per cent stake is owned by public shareholders. The company has a market cap of over Rs 600 crore. The shares of the company have a PE of 112x, an ROE of 5 per cent and an ROCE of 10 per cent. The stock is up over 40 per cent from its 52-week low of Rs 295.20 per share.

Disclaimer: The article is for informational purposes only and not investment advice.