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
0.0%+9.35%-1.76%+76.86%+186.77%+188.09%

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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Avax Apparels And Ornaments Limited Declares Non-Applicability of Large Corporate Entity Status for FY26

1 min read     Updated on 06 Apr 2026, 08:15 PM
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Avax Apparels And Ornaments Limited has declared non-applicability of Large Corporate Entity criteria for FY26, submitting compliance documentation to BSE on April 06, 2026. The company reported outstanding borrowings of Rs. 3.58 crores as of March 31, 2026, confirming it does not meet LCE thresholds under SEBI regulations. Company Secretary Shruti Jain and Joint Managing Director Harinderpal Singh Sodhi authorized the regulatory filing, ensuring continued compliance with securities market requirements.

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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:

Parameter: Details
Outstanding Borrowings (March 31, 2026): Rs. 3.58 crores
Credit Rating Status: Not Applicable
Stock Exchange Fine Applicability: Not Applicable
Large Corporate Entity Status: Not Applicable

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.

Historical Stock Returns for Avax Apparels and Ornaments

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+9.35%-1.76%+76.86%+186.77%+188.09%

What growth trajectory would Avax Apparels need to achieve to potentially qualify as a Large Corporate Entity in future financial years?

How might the company's borrowing strategy evolve given its current low debt position of Rs. 3.58 crores?

Will Avax Apparels consider pursuing credit ratings voluntarily to enhance its market credibility and access to capital?

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1 Year Returns:+186.77%