Avro India Limited has published newspaper advertisements regarding the completion of dispatch of corrigendum to its Extraordinary General Meeting notice for March 30, 2026. The company issued the corrigendum to amend percentage disclosures in the explanatory statement for material related party transactions involving personal guarantees worth Rs. 21.08 crores.

EGM Details and Transaction Overview

The EGM seeks shareholder ratification for personal guarantees provided by promoters including Mr. Sushil Kumar Aggarwal, Mrs. Anita Aggarwal, Mr. Sahil Aggarwal, Mr. Nikhil Aggarwal, and their respective HUFs to IDFC First Bank Limited on behalf of the company.

Corrigendum Amendments

The company issued specific amendments to percentage disclosures in the explanatory statement to provide enhanced clarity on the proposed transaction's financial impact.

Regulatory Compliance and Communication

The corrigendum was digitally signed by Sumit Bansal, Company Secretary & Compliance Officer, on March 27, 2026, at 16:44:22. The document has been communicated to both stock exchanges in compliance with Regulation 30 requirements.

Shareholder Communication

The corrigendum has been distributed via email to all registered shareholders and made available on the company's website at www.avrofurniture.com . All other terms and contents of the original EGM notice dated March 06, 2026, remain unchanged except for the specified amendments in the explanatory statement.

Corporate Structure

Avro India Limited, registered in Ghaziabad, Uttar Pradesh, operates under CIN: L25200UP1996PLC101013. The furniture manufacturer maintains its registered office at A-7/36-39, South of G.T Road Industrial Area, Electrosteel Casting Compound, Ghaziabad-201009.

Source: None/Company/INE652Z01017/bdb4264f-89db-4661-9702-e705e7d06605.pdf

AVRO India Limited has achieved a groundbreaking milestone in plastic recycling, earning recognition from both the Asia Book of Records and India Book of Records for processing more than 3,00,000 cement bags within 24 hours through Asia's largest fully automatic flexible plastic washing plant on March 10, 2026. This achievement coincided with the company's launch of Operation Shuddhi, a transformative nationwide initiative aimed at converting plastic waste into economic opportunities.

Record-Breaking Achievement

The company's recycling facility accomplished an extraordinary feat that establishes AVRO Group as the only company across India and Asia to achieve this benchmark. The record was set using the company's advanced technology for processing difficult flexible plastics including cement bags, jumbo bags, calcite bags, and woven sacks.

Operation Shuddhi Launch

Simultaneously, AVRO India launched Operation Shuddhi at Malviya Smriti Bhavan, New Delhi, marking a significant step toward environmental sustainability and economic development. The launch ceremony witnessed participation from more than 180 distinguished guests, including senior bureaucrats, academicians, spiritual leaders, industry representatives, students, and volunteers.

Environmental and Economic Impact

According to Prof. (Dr.) Sushil Kumar Aggarwal, Chairman of AVRO India Limited, the company's recycling efforts contribute significantly to environmental protection and economic development. The recycling process reduces nearly 2.50 kg of greenhouse gas emissions per kg of recycled plastic while saving precious foreign exchange by replacing virgin polymer worth ₹100 per kg.

The initiative creates multiple benefits:

• Preventing plastic waste from entering landfills
• Reducing greenhouse gas emissions
• Saving foreign exchange through polymer replacement
• Creating jobs, revenues, and new economic opportunities

Technology Leadership and Recognition

The achievement represents years of perseverance, experimentation, and technological innovation. The AVRO team overcame technological setbacks, scrapped multiple machines, and invested enormous resources to perfect the science of flexible plastic recycling. This transformative work has led many in the industry to refer to Prof. (Dr.) Sushil Aggarwal as the "Daddy of Plastics" and view AVRO Group as a pioneering force in cutting-edge recycling technologies.

Comprehensive Network Development

Operation Shuddhi aims to create a comprehensive network connecting various institutions including schools, colleges, hospitals, hotels, religious institutions, markets, and local communities. The company has introduced digital infrastructure through the Operation Shuddhi Website and Recycling App to mobilize volunteers and establish an efficient plastic collection and recycling ecosystem across the nation.