AVAX Apparels Allots 62.34 Lakh Bonus Shares in 3:1 Ratio, Increases Share Capital

1 min read     Updated on 11 Apr 2026, 03:46 AM
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AVAX Apparels And Ornaments Limited completed allotment of 62,34,948 bonus equity shares in 3:1 ratio on April 08, 2026, benefiting shareholders who held shares as on record date April 07, 2026. The bonus issue increased the company's paid-up share capital to ₹4,15,66,320 comprising 83,13,264 equity shares of ₹5 face value each. The company has duly informed BSE Limited about this corporate action under SEBI Listing Regulations.

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AVAX Apparels and Ornaments Limited has completed the allotment of bonus equity shares, marking a significant corporate action for the textile and apparel company. The Board of Directors approved and executed the bonus issue during their meeting held on April 08, 2026, with the allotment details formally communicated to BSE Limited.

Bonus Share Allotment Details

The company allotted 62,34,948 fully paid-up bonus equity shares with specific terms and conditions that benefit existing shareholders.

Parameter: Details
Bonus Shares Allotted: 62,34,948
Face Value per Share: ₹5
Bonus Ratio: 3:1
Record Date: April 07, 2026
Board Meeting Date: April 08, 2026

Under the 3:1 bonus ratio, shareholders received 3 new fully paid-up bonus equity shares of ₹5 each for every 1 existing fully paid-up equity share of ₹5 held as on the record date of April 07, 2026.

Impact on Share Capital Structure

The bonus issue has substantially increased the company's equity base and modified its capital structure.

Metric: Post-Allotment Status
Total Paid-up Share Capital: ₹4,15,66,320
Total Number of Equity Shares: 83,13,264
Face Value per Share: ₹5

The allotment represents a significant expansion in the company's equity base, with the paid-up share capital increasing to ₹4,15,66,320 divided into 83,13,264 equity shares.

Regulatory Compliance

AVAX Apparels has fulfilled its disclosure obligations under securities regulations. The company secretary Shruti Jain formally communicated the allotment details to BSE Limited on April 10, 2026, ensuring compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The bonus issue completion demonstrates the company's commitment to rewarding shareholders while maintaining regulatory compliance and transparency in corporate actions.

Historical Stock Returns for Avax Apparels and Ornaments

1 Day5 Days1 Month6 Months1 Year5 Years
+3.78%+3.26%+20.86%+125.38%+155.90%+135.97%

How will the increased share count affect AVAX Apparels' earnings per share and dividend distribution strategy going forward?

What underlying business performance or cash position enabled AVAX Apparels to execute such a generous 3:1 bonus ratio?

Will the expanded equity base be used to fund new expansion plans or acquisitions in the textile and apparel sector?

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AVAX Apparels And Ornaments Limited Files SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 07 Apr 2026, 04:12 AM
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AVAX Apparels And Ornaments Limited submitted its Q4FY26 compliance certificate under SEBI Regulation 74(5) to BSE Limited on April 06, 2026. The certificate from RTA Skyline Financial Services confirmed no physical shares were received for dematerialization during the quarter ended March 31, 2026. Company Secretary Shruti Jain filed the mandatory disclosure fulfilling regulatory requirements for quarterly compliance reporting.

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AVAX Apparels And Ornaments Limited has filed its quarterly compliance certificate with BSE Limited under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission fulfills the company's regulatory disclosure obligations under the securities market framework.

Regulatory Compliance Filing

The certificate was submitted pursuant to Regulation 74(5) of Securities and Exchange Board of India (Depositories and participants) Regulations 2018. Company Secretary and Compliance Officer Shruti Jain filed the disclosure on April 06, 2026, on behalf of the Board of Directors.

Filing Details: Information
Regulation: SEBI Regulation 74(5)
Quarter Ended: March 31, 2026
Filing Date: April 06, 2026
Company Secretary: Shruti Jain (M. No.: A52018)

Certificate Confirmation

The compliance certificate was issued by Skyline Financial Services Private Limited, serving as the company's Registrar and Share Transfer Agent (RTA). The certificate confirms that no physical share certificates were received for dematerialization of securities from depository participants during the quarter ended March 31, 2026.

Certificate Details: Information
Issuing Authority: Skyline Financial Services Private Limited
Reference: SFSPL/RTA/March/2026
Certificate Date: April 06, 2026
Authorized Signatory: Parveen Sharma

Company Information

AVAX Apparels And Ornaments Limited operates from its registered office at 611, 6th Floor, Jaina Tower II, District Center, Janak Puri, New Delhi 110058. The company maintains its corporate identification number as L14101DL2005PLC137127 and trades on BSE with scrip code 544337 under the symbol AVAX.

The quarterly compliance filing represents part of the ongoing regulatory framework ensuring transparency and proper record-keeping in the securities market. Such certificates provide confirmation of dematerialization activities and maintain accurate records of share transfer processes.

Historical Stock Returns for Avax Apparels and Ornaments

1 Day5 Days1 Month6 Months1 Year5 Years
+3.78%+3.26%+20.86%+125.38%+155.90%+135.97%

What factors might explain the absence of physical share dematerialization requests during Q1 2026, and does this indicate complete digital adoption by AVAX shareholders?

How might SEBI's evolving regulatory framework for depositories impact AVAX's compliance costs and operational procedures in upcoming quarters?

Will AVAX consider changing its Registrar and Share Transfer Agent given the market consolidation trends in RTA services?

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1 Year Returns:+155.90%