Meeting Details

  • Date: Wednesday, September 30, 2026
  • Time: 01:00 P.M. to 02:56 P.M. IST
  • Type: Annual General Meeting
  • Mode: Video Conference/Other Audio Visual Means
  • Record Date: September 23, 2026
  • Total Shareholders as on Record Date: 10,326
  • Shareholders attended through VC: 40 (5 Promoter/Promoter Group, 35 Public)

Proposed Resolutions and Implications

The AGM considered four resolutions:

1. Ordinary Resolution: Adoption of Audited Financial Statements of the Company

2. Ordinary Resolution: Re-appointment of Mrs. Anita Aggarwal (DIN: 00248972) as Whole Time Director retiring by rotation

3. Special Resolution: Change designation of Mr. Sahil Aggarwal (DIN: 02515025) from Managing Director to Whole Time Director

4. Special Resolution: Change designation of Mr. Nikhil Aggarwal (DIN: 03599964) from Whole Time Director to Managing Director

Voting Process and Methods

The voting process included:

  • Remote e-voting through NSDL facility
  • Remote e-voting period: September 27, 2026 (09:00 AM) to September 29, 2026 (05:00 PM)
  • E-voting during AGM for members who hadn't voted remotely
  • Notice dispatched to 9,819 members via email on September 08, 2026

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total Valid Votes: 69,445,449 shares (100% of votes cast)
  • Votes in Favour: 55,961,717 shares (80.58%)
  • Votes Against: 13,483,732 shares (19.42%)
  • Voter Participation: 51.76% of outstanding shares

Resolution 2: Re-appointment of Anita Aggarwal

  • Total Valid Votes: 44,397,059 shares (100% of votes cast)
  • Votes in Favour: 30,913,327 shares (69.63%)
  • Votes Against: 13,483,732 shares (30.37%)
  • Voter Participation: 33.09% of outstanding shares

Resolution 3: Designation Change (Sahil Aggarwal)

  • Total Valid Votes: 66,531,059 shares (100% of votes cast)
  • Votes in Favour: 66,520,007 shares (99.98%)
  • Votes Against: 11,052 shares (0.02%)
  • Voter Participation: 49.59% of outstanding shares

Resolution 4: Designation Change (Nikhil Aggarwal)

  • Total Valid Votes: 66,531,059 shares (100% of votes cast)
  • Votes in Favour: 53,047,327 shares (79.73%)
  • Votes Against: 13,483,732 shares (20.27%)
  • Voter Participation: 49.59% of outstanding shares

Category-wise Voting Breakdown

Promoter and Promoter Group (71,972,320 shares)

  • Participation: 74.16% (53,372,320 shares)
  • Voted 100% in favor on all resolutions where not interested

Public Institutions (9,175,195 shares)

  • Participation: 92.37% (8,474,830 shares)
  • Voted 100% against resolutions 2 and 4
  • Voted 100% in favor of resolution 3

Public Non-Institutions (53,023,885 shares)

  • Participation: 14.33% (7,598,299 shares)
  • Mixed voting pattern across resolutions

Scrutinizer's Role and Findings

Lalit Chaturvedi (CP No. 13708), proprietor of M/s Chaturvedi & Company, was appointed scrutinizer by the Board on September 04, 2026. His responsibilities included scrutinizing remote e-voting and e-voting processes. He confirmed:

  • All voting records were properly maintained
  • No invalid votes were cast in any resolution
  • All resolutions passed with requisite majority
  • Voting records will remain in his custody until minutes are approved

Compliance Confirmation

The meeting was conducted in compliance with:

  • Companies Act, 2013 and Rules thereunder
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars: 14/2020, 17/2020, 20/2020, 2/2021, 19/2021, 21/2021, 2/2022, 10/2022, 09/2023, 09/2024, 03/2025
  • SEBI Circulars: January 15, 2021; May 13, 2022; January 05, 2023; October 03, 2024

Additional Information

  • BSE Scrip Code: 543512
  • NSE Symbol: AVROIND
  • Total Outstanding Shares: 134,171,400
  • All relevant records maintained as per regulatory requirements