Mumbai, May 3: Avro India Ltd is set to undergo a significant stock split, dividing its shares into ten parts. The record date for this split will be announced shortly.
Stock Split Announcement: In the coming days, Avro India Ltd will implement a stock split, as approved by the company’s board. Over the past five years, the company’s share price has surged by over 900%.
Record Date for Stock Split
The company has informed the stock exchange that each share, with a face value of ₹10, will be split into ten shares. Post-split, the face value will drop to ₹1 per share. The record date for this split is set for May 5, 2026, meaning the division will take place on Tuesday.
Additionally, there has been no announcement regarding dividends or bonus shares from the company as of now.
Share Performance Over the Past Year
As of Thursday, Avro India Ltd shares closed at ₹125.50 on the NSE, reflecting a 0.90% decline. In the past month, the stock has risen by 10.70%. However, it has experienced a 17.60% drop over the last year. The stock’s 52-week high stands at ₹202, while the low is ₹138.50. The company’s market capitalization is ₹76.18 crore.
In the last three years, the stock price has decreased by 16%. Investors who have held this stock for five years have seen a remarkable return of 923%, compared to a 64% return from the Nifty50 index.
Shareholding Structure
As of May 2, 2026, promoters hold a 53.64% stake in Avro India Ltd, while the public owns 46.36%. This represents a decrease in promoter ownership from 54.07% as of April 6, 2026.
About Avro India Ltd
Avro India Ltd specializes in manufacturing plastic products such as chairs and tables. According to the company’s website, it has successfully reached over 5 million clients. Currently, its production capacity exceeds 18,000 units per day. The company is also present on platforms like Amazon, Flipkart, Zepto, Just Dial, and Gem Portal.
(This is not investment advice. The stock market is subject to risks. Always consult experts before making any investments.)
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