AVI Products India Limited has confirmed the successful dispatch of its Extra-Ordinary General Meeting (EGM) notice through newspaper advertisements published on April 2, 2026. The company communicated this development to BSE Limited, ensuring full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

EGM Schedule and Agenda

The EGM is scheduled for Monday, April 27, 2026, at 11:30 AM IST through Video Conferencing and Other Audio Visual Means. The meeting's primary agenda focuses on approving the appointment of new statutory auditors to fill a casual vacancy caused by the resignation of the previous auditors.

Notice Publication and Compliance

Managing Director Avinash Dhirajlal Vora confirmed that the EGM notice has been published in The Free Press Journal (English) and Navshakti (Marathi) newspapers on April 2, 2026. The company has fulfilled its regulatory obligations under Regulations 47 and 30 of SEBI (LODR) Regulations, 2015, ensuring proper shareholder communication and transparency.

Auditor Transition Details

The Board of Directors, based on the Audit Committee's recommendation, has proposed M/s S A R A and Associates, Chartered Accountants (Firm Registration Number 120927W), as the replacement statutory auditors. This appointment is necessary following the resignation of M/s N K Jalan & Co., Chartered Accountants (Firm Registration No.: 104019W).

E-Voting and Participation Schedule

Shareholders can participate through remote e-voting and virtual meeting attendance. The company has established specific timelines to ensure proper shareholder participation in the decision-making process.

Company Information and Contact Details

AVI Products India Limited maintains its registered office at 110 Manish Industrial Estate No. 4, Navghar, Vasai (East), District Palghar, Maharashtra. The company's shares trade under the symbol APIL with script code 523896 on BSE Limited.

AVI Products India Limited has issued a revised outcome of its board meeting held on March 27, 2026, correcting a typographical error in the statutory auditor appointment details. The company addressed the auditor transition and approved key corporate governance measures following the resignation of existing statutory auditors.

Revised Board Meeting Outcome and Correction

The company submitted a revised outcome on March 31, 2026, to BSE Limited, correcting point number 2 of the original board meeting outcome. The corrected statement clarifies that M/s. S A R A and Associates, Chartered Accountant (Firm Registration Number: 120927W), Mumbai has been appointed as Statutory Auditors to fill the casual vacancy caused by the resignation of existing statutory auditors, subject to shareholder approval.

New Statutory Auditor Profile and Credentials

M/s. S A R A and Associates, Chartered Accountants, is a well-established firm founded in March 2001 with the aim of providing various professional services to its clients under single roof. The firm holds Category I classification as per ICAI's standards and specializes in a wide range of professional services in the areas of Audit, Tax, Company Law matters and Consultancy.

Regulatory Compliance and Documentation

The revised outcome was digitally signed by Managing Director Avinash D. Vora (DIN: 02454059) and submitted to BSE Limited under Regulation 30 of SEBI (LODR) Regulations, 2015. The firm is committed to providing services with highest level of commitment, ethics, integrity and quality. With soaring aspirations and the zeal to succeed, the firm endeavours to be a recognized and reputed global professional service provider.

All other points in the original board meeting outcome remain unchanged. The appointment is subject to approval of the shareholders and requires disclosure under Regulation 30 as required for statutory auditor appointments.