Stock Splits by PVV Infra and Avax Apparels: Bearish Signals and Record Date Updates

Two small-cap shares have drawn attention after confirming stock split actions. They are Avax Apparels and Ornaments Ltd., from textiles, and PVV Infra, a Hyderabad-based EPC player. Both updates have kept finance readers focused on record dates, revised timelines, and how the splits change the number and face value of shares.

Technical readings shared by analyst A R Ramachandran have also shaped sentiment around both names. The comments have flagged bearish daily charts, with clear resistance and support zones. Market participants have been tracking these levels alongside corporate actions, since split news can lift volumes even when price trends remain weak.

"PVV Infra stock price is bearish on the Daily charts with strong resistance at 4.79. A Daily close below support of 4.26 could lead to a target of 3.8 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

"Avax Apparels stock price is bearish on the Daily charts with strong resistance at 287. A Daily close below support of 266 could lead to a target of 231 in the near term," commented A R Ramachandran.

PVV Infra has declared a sub-division of equity shares from Rs.5 each to Rs.1 each. This has meant one equity share of face value Rs.5 is split into five shares of Rs.1. Avax Apparels and Ornaments has set a split from Rs 10 to Rs 5. Each existing Rs 10 share becomes two Rs 5 shares.

Company	Old face value	New face value	Split ratio	Record date update
PVV Infra	Rs.5	Rs.1	1:5	27th March, 2026 cancelled
Avax Apparels and Ornaments Ltd.	Rs 10	Rs 5	1:2	Friday, March 27, 2026 fixed

Stock split record date and bonus issue updates

Avax Apparels and Ornaments has fixed Friday, March 27, 2026 as the record date. The date has been set to identify eligible shareholders for the sub-division. Separately, the company’s Board met on Tuesday, February 17. It announced bonus equity shares in a 3:1 ratio, subject to member approval.

"In continuation to our earlier communication dated 10th February 2026, regarding the fixation of 27th March, 2026 as the Record Date for the purpose of ascertaining shareholder eligibility for the proposed Stock Split, we would like to provide the following update: Please be informed that the aforementioned Record Date of 27th March, 2026 has been cancelled. The Board of Directors will determine a new Record Date in due course. We will intimate the revised date to the Stock Exchanges and our shareholders as soon as the Board reaches a decision," PVV Infra has confirmed in a regulatory filing.

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