AVI Products India Limited has published newspaper advertisements for its adjourned Extra-Ordinary General Meeting, following regulatory compliance requirements under SEBI regulations. The company had previously announced that its EGM scheduled for March 17, 2026 was adjourned due to insufficient quorum and rescheduled for March 24, 2026.

Regulatory Compliance and Advertisement Publication

On March 20, 2026, Managing Director Avinash D. Vora submitted the newspaper advertisement details to BSE Limited, pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company published the advertisement on March 19, 2026 in two newspapers to ensure wider public notification.

Original EGM Details and Quorum Issues

The Extra-Ordinary General Meeting was originally scheduled for Tuesday, March 17, 2026 at 2:00 P.M. through Video Conferencing and Other Audio-Visual Means. Director Vikram Avinash Vora (DIN: 02454043) chaired the meeting and welcomed the members present. However, the requisite quorum was not achieved within the stipulated time as required under the Companies Act, 2013.

Rescheduled Meeting and Corporate Communication

Following proper adjournment procedures, the Chairman extended the waiting period by 30 minutes to allow for quorum compliance. When no additional members joined, the meeting was formally adjourned in compliance with the Companies Act, 2013 provisions. The rescheduled Extra-Ordinary General Meeting is now set for Tuesday, March 24, 2026 at 2:00 P.M. through Video Conferencing and Other Audio-Visual Means.

The company's official communication to BSE Limited included comprehensive documentation of the adjournment process and regulatory compliance measures. Managing Director Avinash D. Vora signed all official communications, ensuring proper corporate governance protocols were followed throughout the process.

AVI Polymers Limited has announced the launch of AVI Waste Management Private Limited, a wholly owned subsidiary focused on developing AI-based carbon intelligence, sustainability reporting, and carbon credit enablement systems for SMEs, startups, and emerging enterprises. The announcement was made through a press release issued under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Focus on Sustainability Technology

The subsidiary has been launched with the vision of building practical, affordable, and scalable digital tools that can support smaller businesses in participating in the evolving carbon and ESG ecosystem. As sustainability, environmental compliance, emissions visibility, and climate-linked business accountability become increasingly important across industries, AVI Waste Management Private Limited aims to address the technology gap faced by SMEs and startups.

While large enterprises often have access to advanced sustainability infrastructure, many SMEs and startups still lack the technology stack needed to measure carbon footprint, track reduction progress, build environmental data records, and prepare for carbon-linked opportunities.

Platform Development and Features

The subsidiary is expected to focus on digital products that may help enterprises estimate emissions, understand their operational impact, identify reduction opportunities, maintain data logs, and potentially build readiness for future carbon-credit-linked or sustainability-finance ecosystems. The platform vision is to combine waste intelligence, emissions analytics, AI-based estimation models, and simplified reporting systems into a practical toolset for smaller and growth-stage businesses.

Proposed Platform Features

The proposed platform features under development include:

Market Opportunity and Strategic Vision

The management stated that AVI Waste Management Private Limited has been conceptualized as a forward-looking sustainability-tech platform that seeks to make carbon intelligence more accessible for businesses beyond the large-enterprise segment. The objective is to create easy-to-use digital systems that can help businesses understand environmental impact, improve sustainability visibility, and move toward more structured carbon-management practices.

With increasing policy attention, investor scrutiny, and global business emphasis on emissions accountability and sustainability metrics, the Company believes that the demand for practical climate-tech and carbon-data systems will continue to rise. AVI Waste Management Private Limited is intended to serve as a dedicated vehicle through which AVI Polymers Limited can build capabilities in waste intelligence, sustainability technology, and carbon-linked digital infrastructure.

About the Companies

AVI Waste Management Private Limited is a wholly owned subsidiary of AVI Polymers Limited and is being developed as a dedicated platform focused on AI-based sustainability systems, carbon intelligence, waste-linked analytics, and climate-tech oriented digital tools for businesses.

AVI Polymers Limited is a listed company focused on exploring future-ready opportunities through innovation, strategic expansion, and sectoral participation in emerging high-potential businesses.