Avro India Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI depositories regulations for the quarter ended 31st March, 2026.

Regulatory Compliance Submission

The company filed its certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 on April 06, 2026. The submission was made simultaneously to both the National Stock Exchange of India Limited and BSE Limited, ensuring comprehensive regulatory compliance across major trading platforms.

Registrar Confirmation

Mas Services Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate dated April 02, 2026. The registrar confirmed that all securities received from Depository Participants for dematerialization during the quarter were processed within the stipulated 15-day timeline as mandated by SEBI regulations.

Key Compliance Areas

The certificate covers several critical compliance aspects:

• Timely Processing: Securities received for dematerialization were confirmed within 15 days of receipt
• Certificate Management: Security certificates were properly mutilated and cancelled after verification
• Register Updates: Member registers were updated with Depository names as registered owners within the prescribed timeframe
• Exchange Notifications: Updates were communicated to all relevant stock exchanges within the 15-day limit

Corporate Information

Avro India Limited operates from its registered office in Ghaziabad, Uttar Pradesh, and maintains its business focus on furniture manufacturing. The company secretary Sumit Bansal, holding membership number A42433, digitally signed the submission on April 06, 2026.

This quarterly compliance submission demonstrates Avro India Limited's commitment to maintaining regulatory standards and ensuring transparent operations in accordance with SEBI guidelines for depositories and participants.

Avro India Limited successfully conducted its Extraordinary General Meeting (EGM) on March 30, 2026 at 01:00 PM IST through Video Conference/Other Audio-Visual Means (VC/OAVM). The furniture manufacturer held the meeting to address material related party transactions involving personal guarantees provided to IDFC First Bank Limited, with proceedings concluding at 01:27 PM.

Voting Results and Shareholder Approval

The company has announced the official voting results following the scrutinizer's report submitted by Mr. Lalit Chaturvedi of M/s Chaturvedi & Company. The resolution received overwhelming shareholder support with 99.99% votes in favor.

Meeting Participation and Governance Structure

The EGM witnessed strong leadership participation with all seven directors attending through video conference. The meeting was chaired by Mr. Sushil Kumar Aggarwal, Chairman & Whole Time Director, with comprehensive board representation including Managing Director Mr. Sahil Aggarwal and Whole Time Director Mr. Nikhil Aggarwal.

Related Party Transaction Resolution

The primary agenda focused on ratifying material related party transactions pertaining to personal guarantees. The ordinary resolution sought shareholder approval for guarantees provided by promoter group members to IDFC First Bank Limited on behalf of the company.

E-Voting Framework and Participation

The company implemented a comprehensive electronic voting system to ensure maximum shareholder participation. Remote e-voting was conducted through National Securities Depositories Limited (NSDL) platform, with Mr. Lalit Chaturvedi of M/s Chaturvedi & Company serving as the appointed Scrutinizer.

Scrutinizer's Report and Compliance

The scrutinizer's report was submitted on March 31, 2026, confirming that all voting procedures were conducted in compliance with Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014. The report detailed that 16 members voted through remote e-voting while 1 member voted during the EGM.

The comprehensive voting results along with the Scrutinizer's report have been communicated to both National Stock Exchange of India Limited and BSE Limited, where the company's shares are listed, ensuring complete transparency in the decision-making process.