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Pavna starts oil pump supply to Hero; Announces 10:1 stock split
short by / on Tuesday, 15 July, 2025
Pavna Industries’ subsidiary has begun supplying oil pumps to Hero MotoCorp for Splendor and Glamour models across six plants. Production will scale up to 50,000 units monthly. The company also approved a 10-for-1 stock split, reducing face value from ₹10 to ₹1. This move aims to improve stock liquidity and investor participation in the market.