AVI Products India Independent Directors Open Offer Recommendation

Independent Directors Committee unanimously recommends PPMS Real Estates LLP's open offer price of ₹33.00 per share as fair and reasonable.
Committee confirms no equity holdings or relationships with acquirer or target company, ensuring impartiality in their assessment.
Recommendation published in Business Standard (English/Hindi) and Navshakti (Marathi) newspapers on May 08, 2026 as per SEBI SAST Regulations.