Summary of Key Information:
Target Company: Avro Recycling Limited
Stock Exchange Listings:
NSE Scrip Code: AVROIND
BSE Scrip Code: 543512
Nature of Transaction / Event: Sale of plant & machinery to wholly-owned subsidiary
Date of Transaction: 30/06/2026 (proposed)
Mode of Transaction / Action: Sale at fair value
Other Noteworthy Information:
- Transaction approved by Board of Directors meeting held on 06/06/2026
- Meeting commenced at 03:00 PM and concluded at 3:59 PM
- Subject to approval of shareholders
- Disclosure made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Signed by Sushil Kumar Aggarwal, Chairman & Whole Time Director (DIN: 00248707)
Analyst Notes:
Factual disclosure of intra-group asset transfer requiring shareholder approval, compliant with SEBI Listing Regulations.