AVI Polymers Limited

Office Address Clarification

The Company categorically clarifies that statements in the news article about its Ahmedabad office being locked are incorrect and misleading. The Company specifies:

  • Corporate Office: S3, Shreejala Prime, Near Priyan Heritage, Opp. Prajapita Brahma Kumaris Ishwariya Vishwa Vidyalaya, Sardar Ganj, Anand — 388001, Sardarganj (Anand), Anand, Gujarat, India

The premises referred to in the news article are not the Registered Office of the Company.

Promoter Shareholding Explanation

The Company clarifies that the reduction in Promoters' shareholding percentage was not due to any sale or transfer of shares by Promoters. The change occurred solely as a consequence of the Rights Issue undertaken by the Company, which resulted in an increase in the Company's paid-up equity share capital. Promoters continued to hold the same number of equity shares, but their percentage shareholding stood diluted due to the increase in total outstanding equity shares.

Regulatory Compliance Status

The Company asserts it continues to comply with all applicable provisions of:

  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Other applicable laws and regulations

The affairs of the Company are being conducted in the ordinary course of business, and all material information is being disclosed to the Stock Exchange in accordance with regulatory requirements.

Supporting Documentation

The Company attached a copy of the Master Data from the Ministry of Corporate Affairs (MCA) portal which confirms:

  • Registered Office address: Shop No. 02, 5th Floor, Roshpa Tower, Main Road, Ranchi, Ranchi G.P.O., Ranchi, Jharkhand — 834001, India
  • Company's active status as per MCA records
  • Date of Incorporation: March 1, 1993
  • Authorized Capital: ₹100,00,00,000
  • Paid-up Capital: ₹94,08,61,000
  • Date of last AGM: September 28, 2025
  • Date of Balance Sheet: March 31, 2025
  • Company Status: Active

Media Verification

The Company states that no representative of Bhaskar English approached or contacted the Company to verify facts or seek comments before publishing the article.

Request to Exchange

The Company requests the Exchange to take this clarification on record and disseminate it on the Exchange website, and advises investors to rely only on information disseminated through statutory filings.