Avax Apparels and Ornaments Annual General Meeting
Avax Apparels and Ornaments Limited held its 21st Annual General Meeting on September 18, 2026. Shareholders considered financial statements, director re-appointment, and a company name change.
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Avax Apparels and Ornaments Limited held its 21st Annual General Meeting on September 18, 2026. Shareholders considered financial statements, director re-appointment, and a company name change.
Avax Apparels and Ornaments Limited will convene its 21st Annual General Meeting on September 18, 2026. The company also announced e-voting details and the cut-off date.
Avax Apparels and Ornaments Limited's board approved a name change to Avax Limited. The proposal remains subject to regulatory and shareholder approvals.
Avax Apparels and Ornaments Limited scheduled a board meeting for August 24, 2026, to consider a proposed company name change and related alterations.
Avax Apparels And Ornaments Limited's board approved changing the company name to 'Avax Limited' or a similar alternative. The change remains subject to shareholder and regulatory approvals.
Davinderpal Singh Sodhi, a promoter group member, acquired 80,000 shares of Avax Apparels via the open market. The ₹0.41 Crore purchase increases his stake to 0.96%.
Avax Apparels and Ornaments Limited confirmed full utilization of ₹1.92 Crore IPO proceeds with no deviations. The funds supported working capital, general corporate purposes, and issue expenses.
Avax Apparels and Ornaments Limited confirmed non-applicability of the Annual Secretarial Compliance Report. Listing on the SME Exchange exempts the company under Regulation 15(2).
Avax Apparels and Ornaments Ltd reported revenue from operations of ₹21.3 Cr (+10.4% YoY) and net profit of ₹1.8 Cr (+157.1% YoY) for H2 FY26.
Avax Apparels and Ornaments Limited approved its audited standalone financial results for the year ended March 31, 2026. The Board meeting concluded at 02:00 PM IST.
Avax Apparels and Ornaments scheduled a board meeting for May 25, 2026. Directors will consider and approve audited financial statements for the fiscal year.
Avax Apparels and Ornaments Limited allotted 62,34,948 bonus equity shares in a 3:1 ratio. This capitalization of reserves increases the total paid-up share capital to ₹4.16 Crore, divided into 83,13,264 shares. The record date for the issuance was April 07, 2026.
Avax Apparels and Ornaments Ltd confirmed it is not a Large Corporate for FY 2025-26. The company reported outstanding borrowings of ₹3.58 Crore as of March 31, 2026, which falls below the SEBI threshold for mandatory debt market borrowing.
Avax Apparels and Ornaments Ltd promoters declared they held 10,80,316 shares (51.98%) as of March 31, 2026. The promoters confirmed that no direct or indirect encumbrances were made on these shares during the 2025-26 financial year, maintaining a stable shareholding structure.
Avax Apparels and Ornaments Limited reported zero investor complaints for the quarter and year ended March 31, 2026. All categories, including SEBI SCORES and stock exchange grievances, remained at nil, reflecting an efficient grievance redressal mechanism and maintaining investor confidence.
Avax Apparels and Ornaments Ltd submitted a compliance certificate under Regulation 74(5) of SEBI (DP) Regulations for the quarter ended March 31, 2026. The Registrar and Share Transfer Agent, Skyline Financial Services, confirmed that no physical shares were received for dematerialization during this period.