Avro India Sets May 5 Record Date for Share Split Following EGM Approval

Avro India Limited successfully conducted its Extraordinary General Meeting on April 18, 2026, with all three proposed resolutions receiving 100% shareholder approval. The meeting, held through video conference from 01:00 p.m. to 01:28 p.m., addressed significant corporate governance and capital restructuring matters including share subdivision, adoption of new Articles of Association, and capital clause amendments. Following the EGM approval, the company has now officially communicated the record date for implementing the share split.

Official Record Date Announcement

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors has fixed Tuesday, May 05, 2026, as the record date for determining shareholder eligibility for the sub-division of equity shares. The sub-division involves splitting one equity share of face value of Rs. 10/- each into ten equity shares of face value of Rs. 1/- each. Company Secretary & Compliance Officer Sumit Bansal formally communicated this intimation to both stock exchanges on April 21, 2026.

Share Split Details: Information Record Date: Tuesday, May 05, 2026 Current Face Value: Rs. 10/- per share New Face Value: Rs. 1/- per share Split Ratio: 1:10 (One share becomes Ten shares) Purpose: Sub-division of existing equity shares

EGM Voting Results Overview

The scrutinizer's report submitted by Lalit Chaturvedi of Chaturvedi & Company confirmed that all resolutions were passed with requisite majority. The consolidated voting results demonstrated strong shareholder participation across remote e-voting and e-voting during the EGM.

Resolution Type: Description Votes in Favor Votes Against Approval % Special Resolution: New Articles of Association per Companies Act 2013 5,399,440 1 100 Ordinary Resolution: Share split from ₹10 to ₹1 face value 5,399,440 1 100 Ordinary Resolution: Capital clause amendment following split 5,399,440 1 100

Shareholder Participation Analysis

A total of 23 members participated in the voting process, with 21 members casting votes through remote e-voting and 2 members voting during the EGM. The company had 6,673 total shareholders as on the record date of April 11, 2026. Remote e-voting commenced on April 15, 2026, at 09:00 a.m. and concluded on April 17, 2026, at 05:00 p.m.

Participation Details: Information Total Valid Votes Cast: 5,399,441 shares Remote E-Voting Shares: 5,104,101 shares EGM E-Voting Shares: 295,340 shares Members Present via VC: 32 shareholders Promoter Group Attendance: 4 members Public Shareholder Attendance: 28 members

Regulatory Compliance and Next Steps

The share subdivision represents a significant capital restructuring initiative, splitting equity shares from ₹10 face value to ₹1 face value per share. This 10:1 split ratio will increase the total number of shares proportionally while maintaining existing shareholders' ownership percentages, potentially improving share liquidity and accessibility for retail investors. The meeting adhered to all applicable provisions under the Companies Act, 2013, and SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Company Contact Details: Information Registered Office: A-7/36-39, South of G.T Road Industrial Area, Electrosteel Casting Compound, Ghaziabad-201009, Uttar Pradesh Email: support@avrofurniture.com Website: www.avrofurniture.com Helpline: 9910039125 CIN: L25200UP1996PLC101013

Avro India Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI depositories regulations for the quarter ended 31st March, 2026.

Regulatory Compliance Submission

The company filed its certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 on April 06, 2026. The submission was made simultaneously to both the National Stock Exchange of India Limited and BSE Limited, ensuring comprehensive regulatory compliance across major trading platforms.

Parameter: Details Regulation: SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5) Quarter Period: 01st January, 2026 to 31st March, 2026 Certificate Date: April 02, 2026 Submission Date: April 06, 2026 Submitted By: Sumit Bansal, Company Secretary & Compliance Officer

Registrar Confirmation

Mas Services Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate dated April 02, 2026. The registrar confirmed that all securities received from Depository Participants for dematerialization during the quarter were processed within the stipulated 15-day timeline as mandated by SEBI regulations.

Key Compliance Areas

The certificate covers several critical compliance aspects:

Timely Processing: Securities received for dematerialization were confirmed within 15 days of receipt

Certificate Management: Security certificates were properly mutilated and cancelled after verification

Register Updates: Member registers were updated with Depository names as registered owners within the prescribed timeframe

Exchange Notifications: Updates were communicated to all relevant stock exchanges within the 15-day limit

Corporate Information

Avro India Limited operates from its registered office in Ghaziabad, Uttar Pradesh, and maintains its business focus on furniture manufacturing. The company secretary Sumit Bansal, holding membership number A42433, digitally signed the submission on April 06, 2026.

Corporate Details: Information Registered Office: A-7/36-39, South of G.T Road Industrial Area, Ghaziabad-201009 Email: support@avrofurniture.com Website: www.avrofurniture.com CIN: L25200UP1996PLC101013

This quarterly compliance submission demonstrates Avro India Limited's commitment to maintaining regulatory standards and ensuring transparent operations in accordance with SEBI guidelines for depositories and participants.

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