AVAX Apparels And Ornaments Limited Files Grievance Redressal Statement for Q4FY26

AVAX Apparels And Ornaments Limited has filed its quarterly Statement of Grievance Redressal Mechanism with BSE Limited for the quarter and year ended March 31, 2026. The submission, made on April 6, 2026, fulfills the company's regulatory obligations under Regulation 13(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Quarterly Complaint Summary

The company reported a clean slate for investor grievances during the fourth quarter of FY26. The comprehensive statement shows nil complaints across all tracking parameters for the period from January 1, 2026 to March 31, 2026.

Parameter	Count
Complaints pending at quarter beginning	NIL
Complaints received during quarter	NIL
Complaints disposed during quarter	NIL
Complaints remaining unresolved	NIL

Source-wise Complaint Breakdown

The detailed analysis provided by Skyline Financial Services Pvt. Limited, the company's registrar and transfer agent, shows zero complaints from all possible sources:

Source	Pending Previous Quarter	Received	Resolved	Total Pending
Directly from Investors	NIL	NIL	NIL	NIL
SEBI SCORES	NIL	NIL	NIL	NIL
SEBI ODR Portal	NIL	NIL	NIL	NIL
Stock Exchanges	NIL	NIL	NIL	NIL
Other Sources	NIL	NIL	NIL	NIL
Grand Total	NIL	NIL	NIL	NIL

Regulatory Compliance

The filing was executed by Company Secretary and Compliance Officer Shruti Jain, who digitally signed the document on April 6, 2026. The company maintains its registered office at 611, 6th Floor, Jaina Tower II, District Center, Janak Puri, New Delhi 110058.

Skyline Financial Services Pvt. Limited, through authorized signatory Vijay Kumar, certified that no complaints were pending at their end for the reporting period. The registrar confirmed the company's compliance with SEBI's electronic complaint handling system through the SCORES platform.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.78%	+3.26%	+20.86%	+125.38%	+155.90%	+135.97%

New Digital Platform Launch

The company launched a new mobile application and online platform at avaxapparels.shop on April 01, 2026. This platform focuses on the sale of apparels, jewellery and other accessories, targeting the domestic market.

Parameter:	Details
Launch Date:	April 01, 2026
Product Category:	Apparels, jewellery and other accessories
Platform Type:	Online Sale of Products
Market Focus:	Domestic
Website:	avaxapparels.shop

The initiative aligns with the company's strategy to expand its digital commerce presence and diversify its product offerings across multiple categories.

Discontinuation of Existing Platform

Simultaneously, AVAX Apparels discontinued its existing mobile application and online platform at blushines.com on March 31, 2026. This platform was previously engaged in the sale of silver ornaments.

Parameter:	Details
Closure Date:	March 31, 2026
Segment Revenue:	Rs. 1.35 lacs
Revenue Percentage:	0.04% of turnover (as of March 31, 2025)
Segment Assets:	Rs. 1.45 lacs (as of March 31, 2025)
Primary Reason:	Optimize resources and reduce costs

Strategic Rationale

The company stated that the decision to discontinue the existing application was made to optimize resources and reduce costs by consolidating platforms. This approach suggests a focus on streamlining operations while expanding product categories under a unified digital presence.

Regulatory Compliance

Both initiatives were disclosed in compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, regarding launch of new digital platforms and discontinuation of existing segments. The disclosures were signed by Company Secretary Shruti Jain and Joint Managing Director Harinderpal Singh Sodhi.