EGM Details

The Extraordinary General Meeting of Avro India Limited was held on Tuesday, June 30, 2026, commencing at 01:00 PM and concluding at 01:41 PM through Video Conference/Other Audio-Visual Means.

Attendance

Directors in Attendance:

  • Mr. Pawan Dixit (Independent Director)
  • Mr. Mukul Jain (Independent Director)
  • Mrs. Nimisha Rohit Agarwal (Independent Director)

Key Personnel in Attendance:

  • Mr. Sumit Bansal (Company Secretary & Compliance Officer)
  • Mr. Ghanshyam Singh (Chief Financial Officer)
  • Mr. Lalit Chaturvedi (Secretarial Auditor, Proprietor M/s Chaturvedi & Company)

Members Present: 39 members attended through video conference

Promoter Group: 4 members

Public: 35 members

Directors Absent:

  • Mrs. Anita Aggarwal (Non-Executive Director) - due to pre-occupation
  • Mr. Sushil Kumar Goyal - due to pre-occupation

Business Transacted

The EGM considered and approved one special resolution:

Resolution 1: To Sell the substantial part of the Plant & machineries of Company to M/s Avro Recycling Limited

Voting Process Details

  • Record Date: June 23, 2026
  • Total Shareholders on Record Date: 9,427
  • Remote E-voting Period: June 27, 2026 (09:00 AM IST) to June 29, 2026 (05:00 PM IST)
  • E-voting at Meeting: Concluded at 02:11 PM on June 30, 2026
  • Scrutinizer: Mr. Lalit Chaturvedi, Proprietor of M/s Chaturvedi & Company, Practicing Company Secretaries
  • Voting Facility Provider: National Securities Depository Limited (NSDL)

Voting Results

Resolution 1: Sale of Plant & Machinery to Avro Recycling Limited

Overall Results:

  • Total Shares Voted: 50,713,638
  • Percentage of Outstanding Shares Voted: 37.7977%
  • Votes in Favor: 50,713,469 shares (99.9997% of votes cast)
  • Votes Against: 169 shares (0.0003% of votes cast)
  • Resolution Status: Passed

Breakdown by Shareholder Category:

Promoter & Promoter Group:

  • Total Shares Held: 71,972,320
  • Shares Voted: 50,654,390 (70.3804% of promoter holding)
  • Votes in Favor: 50,654,390 (100% of votes cast)
  • Votes Against: 0

Public Institutions:

  • Total Shares Held: 9,181,029
  • Shares Voted: 0 (0% of institutional holding)
  • Votes in Favor: 0
  • Votes Against: 0

Public Non-Institutions:

  • Total Shares Held: 53,018,051
  • Shares Voted: 59,248 (0.1118% of non-institutional holding)
  • Votes in Favor: 59,079 shares (99.7148% of votes cast)
  • Votes Against: 169 shares (0.2852% of votes cast)

Disclosure and Communication

  • EGM notice was sent electronically to 8,795 members on June 08, 2026
  • Voting results will be intimated to NSE and BSE
  • Documents will be placed on company website: www.avrofurniture.com and NSDL website

Financial Impact

Financial impact of the plant and machinery sale transaction not quantified in the disclosure.