avax apparels and ornaments Limited has informed the stock exchange of an upcoming Board of Directors meeting, scheduled in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was filed on May 18, 2026, by Company Secretary and Compliance Officer Shruti Jain on behalf of the Board.

Board Meeting Details

The meeting of the Board of Directors is scheduled to be held on Monday, May 25, 2026, at 01:00 p.m. at the company's registered office located at 611, 6th Floor, Jaina Tower II, Distt Center, Janak Puri, New Delhi 110058. The key details of the scheduled meeting are outlined below:

Agenda for the Meeting

The Board meeting has been convened to deliberate on the following matters:

• Consider and approve the Audited Financial Statement for the Half Year and year ended March 31, 2026, along with the Auditors' Report thereon.
• Any other business as mentioned in the Notice and with the permission of the Chair.

Trading Window Closure

In compliance with the Code of Conduct adopted under the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the company for all Designated Persons and their immediate relatives was closed with effect from Wednesday, April 01, 2026. The trading window will remain closed until 48 hours after the financial results are made public on May 25, 2026.

The intimation was signed by Shruti Jain, Company Secretary and Compliance Officer (M. No.: A52018), for and on behalf of the Board of Directors of AVAX Apparels and Ornaments Limited.

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.

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.

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.