Multibagger Penny Stock Below Rs 15 Likely to Announce 10:1 Bonus, 1:10 Stock Split

On Friday's morning session, Indian equity benchmarks traded lower, with the benchmark Nifty 50 index declining 0.15 per cent to 23,871.55. Despite the weak market sentiment, AVI Polymers share price attracted strong buying interest and were locked in the 5 per cent Upper Circuit at Rs 15.21 on May 29, 2026.

AVI Polymers Key Board Meeting Announcement

AVI Polymers informed the stock exchanges that its Board of Directors will meet on June 4, 2026, to consider several corporate actions and strategic proposals aimed at enhancing shareholder value and expanding the company's business footprint.

The announcement triggered investor interest as the board is scheduled to evaluate proposals related to a Stock Split, Bonus issue and diversification into new sustainability-focused business segments.

AVI Polymers Board To Consider 1:10 Stock Split

According to the filing, the company will consider a proposal for the subdivision or stock split of its equity shares in a ratio of up to 1:10, subject to shareholder approval. The objective of the proposed split is to improve liquidity in the stock and broaden participation from retail investors.

If approved, each existing equity share would be split into up to ten equity shares, reducing the face value per share while increasing the number of outstanding shares.

Bonus Issue Proposal Under Review

The Board will also evaluate a proposal to issue bonus equity shares in a ratio of up to 10:1. Under the proposed structure, shareholders could receive up to ten bonus shares for every one equity share held, subject to necessary approvals.

The company stated that the proposal is intended to reward long-term shareholders and optimise its capital structure in line with its growth trajectory.

AVI Polymers Plans Entry Into Green Tech Businesses

Apart from corporate actions, AVI Polymers will deliberate on a strategic diversification plan involving entry into the sustainability and green technology sectors. The proposed business expansion includes industrial waste management systems, advanced material recycling technology, and carbon footprint optimisation and sustainability consulting services.

The company described the move as a transformative step towards expanding into high-growth and high-margin business verticals aligned with global environmental, social and governance (ESG) trends.

Trading Window Closed

The company further informed that the trading window for dealing in the company's securities has been closed for designated persons and their immediate relatives and will reopen 48 hours after the conclusion of the Board meeting.

About AVI Polymers 

AVI Polymers Ltd is engaged in the polymer and allied products business and is listed on the BSE. The company operates from its registered office in Ranchi, Jharkhand, and focuses on manufacturing and business activities related to polymer-based products.

The company is now evaluating expansion into sustainability-led sectors including waste management, recycling technologies and carbon footprint optimization services as part of its long-term growth strategy.

Do you think the proposed stock split, bonus issue and green tech diversification can create long-term value for AVI Polymers shareholders? Share your views in the comments below.
Disclaimer: This article is for informational purposes only and does not constitute investment advice.