Avax Apparels And Ornaments Limited has officially declared its non-applicability for Large Corporate Entity (LCE) criteria for the financial year 2025-26, submitting the required compliance documentation to BSE Limited on April 06, 2026. The declaration ensures adherence to SEBI regulatory requirements for corporate classification and borrowing frameworks.

Regulatory Compliance Declaration

The company submitted its formal declaration to the Department of Corporate Services at BSE Limited, confirming that it does not meet the Large Corporate Entity criteria as specified under SEBI regulations. The compliance was made in accordance with SEBI Circular SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, updated as on April 13, 2022, and read with SEBI/HO/DDHS/DDHSRACPOD1/P/CIR/2023/172 dated October 19, 2023.

Financial Position and Borrowing Details

The company's financial disclosure reveals its current borrowing position and regulatory status:

Corporate 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 holds CIN L14101DL2005PLC137127 and trades on BSE with scrip code 544337 under the symbol AVAX.

Authorized Signatories

The compliance declaration was executed by key company officials. Company Secretary and Compliance Officer Shruti Jain (Membership No. A52018) digitally signed the primary declaration document on April 06, 2026. Joint Managing Director Harinderpal Singh Sodhi (DIN: 09283654) signed the annexure containing the detailed financial disclosures.

Regulatory Framework Context

The SEBI circular framework requires companies to declare their Large Corporate Entity status annually, particularly focusing on borrowing thresholds and credit rating requirements. Companies not meeting the specified criteria must file formal declarations to maintain compliance with securities market regulations. This declaration confirms Avax Apparels' continued compliance with applicable SEBI guidelines for the financial year 2025-26.

AVAX Apparels And Ornaments Limited has filed its mandatory annual disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for the financial year ended March 31, 2026. The disclosure was submitted to BSE Limited on April 06, 2026, providing transparency regarding promoter shareholding patterns and compliance with regulatory requirements.

Promoter Shareholding Details

The disclosure reveals the current shareholding structure of the company's promoters and promoter group as of March 31, 2026:

The promoters maintain majority control of the company with their 51.98% shareholding, demonstrating continued commitment to the business operations and strategic direction.

Regulatory Compliance Declaration

Harinderpal Singh Sodhi, representing all promoters and promoter group members, has declared full compliance with SEBI regulations. The key compliance highlights include:

• No encumbrance of shares made during FY26
• Complete adherence to disclosure requirements under Regulation 31(4) & (5)
• Timely submission of annual shareholding declaration
• Maintenance of transparency in shareholding patterns

Company Information and Filing Details

The disclosure was formally submitted by Company Secretary and Compliance Officer Shruti Jain on behalf of the Board of Directors. The company operates from its registered office at Jaina Tower II, Janakpuri, New Delhi, and maintains its corporate website at www.avaxapparels.com .

This annual disclosure ensures continued transparency and regulatory compliance, providing stakeholders with clear visibility into the company's ownership structure and promoter commitment levels.