The board of smallcap stock Nava Ltd on Thursday approved a stock split wherein the company will be splitting its stock from a face value of Rs 2 per share into 2 shares of face value Re 1 each. This marks the second time the company has undertaken a stock split. In August 2005, Nava previously split its stock from a face value of Rs 10 per share to Rs 2 per share, according to Trendlyne data.
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