Meeting Details
- Date: Wednesday, September 30, 2026
- Time: 01:00 p.m.
- Location: Conducted through Video Conference/Other Audio-Visual Means
- Type of Meeting: 30th Annual General Meeting
- Notice Date: September 04, 2026
Proposed Resolutions and Implications
The following four resolutions were proposed for shareholder approval:
1. Ordinary Resolution: Adoption of Audited Financial Statements of the Company for FY 2025-26
2. Ordinary Resolution: Reappointment of Mrs. Anita Aggarwal (DIN: 00248972) as Director, who retires by rotation
3. Special Resolution: Change in designation of Mr. Sahil Aggarwal (DIN: 02515025) from Managing Director to Whole Time Director
4. Special Resolution: Change in designation of Mr. Nikhil Aggarwal (DIN: 03599964) from Whole Time Director to Managing Director
Voting Process and Methods
- Remote e-voting facility was provided through National Securities Depositories Limited
- Remote e-voting period: September 27, 2026 (9:00 am IST) to September 29, 2026 (5:00 pm IST)
- Cut-off date for voting: September 23, 2026
- E-voting during the meeting was also provided for members who had not exercised remote e-voting
- E-voting facility remained active after conclusion of the AGM
- Mr. Lalit Chaturvedi, Proprietor of M/s Chaturvedi & Company, Practising Company Secretary, was appointed as Scrutinizer for both remote e-voting and e-voting during the meeting
Attendance and Participation
- Total members present: 41 members attended through Video Conference
- Directors in attendance:
- Mr. Nikhil Aggarwal - Whole Time Director
- Mr. Sahil Aggarwal - Whole Time Director
- Mr. Pawan Dixit - Independent Director
- Mrs. Nimisha Rohit Agarwal - Independent Director
- Mr. Sushil Kumar Goyal - Independent Director
- Mr. Mukul Jain - Independent Director
- Absent directors:
- Mr. Sushil Kumar Aggarwal (Chairman) - absent due to bypass heart surgery on September 23, 2026
- Mrs. Anita Aggarwal (Non-Executive Director) - absent due to pre-occupations
- Other attendees:
- Mr. Sumit Bansal - Company Secretary & Compliance Officer
- Mr. Ghanshyam Singh - Chief Financial Officer
- Mr. Sushil Kumar Lal, Partner - M/s S A A R K AND CO (Statutory Auditors)
- Mr. Lalit Chaturvedi, Proprietor - M/s Chaturvedi & Company (Secretarial Auditor)
Key Meeting Proceedings
- Mr. Nikhil Aggarwal was elected as Chairman of the meeting due to absence of Mr. Sushil Kumar Aggarwal
- Notice of AGM was sent electronically to all shareholders with registered email IDs on September 08, 2026
- Meeting was conducted on first-come-first-serve basis for shareholders joining through VC
- Proxy attendance was not allowed for virtual meeting
- All statutory registers and documents were available for inspection as per AGM Notice process
- No qualifications or adverse comments in Statutory Auditor and Secretarial Auditor reports for FY 2025-26
- Shareholders asked questions about financial performance, which were addressed by the Chairman
Compliance and Regulatory References
- Conducted in compliance with Companies Act, 2013
- Compliant with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Followed MCA and SEBI circulars regarding virtual meetings
- Scrutinizer appointment pursuant to Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014
- Voting results to be declared within two days of AGM conclusion
- Results will be submitted to BSE Limited (Scrip Code: 543512) and National Stock Exchange of India Limited (Symbol: AVROIND)
- Results will be placed on company website www.avrofurniture.com and NSDL website