Avro India Limited has officially notified stock exchanges about an important board meeting scheduled to deliberate on a significant corporate action. The furniture manufacturer has issued a formal notice in compliance with regulatory requirements for the upcoming equity share sub-division consideration.

Board Meeting Schedule

The company has scheduled a board meeting for March 25, 2026, at 01:00 p.m. at its registered office. The meeting has been convened in accordance with Regulation 29(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Agenda Items

The board will focus on two main items during the meeting:

• Consideration and approval of sub-division/split of equity shares
• Other matters with the permission of Chairman

The equity share sub-division represents a significant corporate action that typically aims to improve liquidity and make shares more accessible to retail investors by reducing the face value per share.

Trading Window Restrictions

In strict compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for prevention of Insider Trading, Avro India Limited has implemented a trading window closure. The restriction became effective from March 21, 2026.

Stock Exchange Communication

The company has fulfilled its disclosure obligations by formally notifying both major stock exchanges. The official communication has been sent to:

• National Stock Exchange of India Limited (NSE Symbol: AVROIND)
• BSE Limited (BSE Scrip Code: 543512)

The notice was signed by Sumit Bansal, Company Secretary & Compliance Officer (Membership No.: A42433), and the information has been made available on the company's official website at www.avrofurniture.com .

Company Profile

Avro India Limited operates from its registered office at A-7/36-39, South of G.T Road Industrial Area, Electrosteel Casting Compound, Ghaziabad-201009, Uttar Pradesh. The company, incorporated in 1996 with CIN: L25200UP1996PLC101013, specializes in furniture manufacturing and has established itself as a trusted brand in the industry since 2002.

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.