AVI Polymers Limited has successfully concluded its Extraordinary General Meeting (EGM) held on December 11, 2025, with shareholders unanimously approving key resolutions including a massive 15-fold increase in authorized share capital. The company, listed on the Bombay Stock Exchange (BSE: 539288), conducted the meeting through video conferencing with strong shareholder participation.

EGM Voting Results

The voting results demonstrate overwhelming shareholder support for the proposed changes:

Resolution 1: Share Capital Increase Approved

Shareholders unanimously approved the increase in authorized share capital with 100.00% votes in favor:

The approved restructuring increases the company's authorized share capital from ₹6.5 crore to ₹100 crore, expanding the number of equity shares from 65 lakh to 10 crore while maintaining the face value of ₹10 per share.

Resolution 2: New Statutory Auditors Appointed

Shareholders also unanimously approved the appointment of M/s Kapil Kumar Agrawal Associates as the company's statutory auditors, receiving 100.00% votes in favor across all categories.

E-Voting Process and Scrutiny

The voting process was conducted transparently with National Securities Depository Limited (NSDL) providing the e-voting platform. M/s SCS & Co. LLP, Company Secretaries, served as scrutinizers under the supervision of Abhishek Chhajed (FCS 11334). The remote e-voting period remained open from December 8, 2025, at 9:00 AM to December 10, 2025, at 5:00 PM.

Strategic Implications

The substantial increase in authorized share capital positions AVI Polymers for potential future growth initiatives, capital raising activities, or strategic expansions. The unanimous shareholder approval reflects strong confidence in the company's management and strategic direction. The appointment of new statutory auditors ensures continued compliance with regulatory requirements and corporate governance standards.

The company has fulfilled all regulatory obligations under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with Managing Director Chintan Yashwantbhai Patel (DIN: 10774473) overseeing the process completion.

AVI Polymers Limited , a company primarily engaged in trading agricultural products, has announced its unaudited standalone financial results for the quarter ended September 30, 2025, showcasing remarkable growth across key financial metrics.

Financial Highlights

The company's performance in the second quarter of fiscal year 2026 demonstrates a substantial improvement compared to the same period in the previous year. Net profit surged to ₹229.39 lacs, marking a significant increase from ₹3.68 lacs in Q2 FY25. This represents a year-over-year growth of approximately 6225%.

Revenue from operations also saw an exponential rise, reaching ₹2,950.41 lacs in the current quarter, compared to ₹6.43 lacs in the corresponding period last year. This translates to a year-over-year increase of about 45784%.

The company's profitability improvements are further reflected in its Basic Earnings Per Share (EPS), which grew to ₹5.61 from ₹0.09 in the previous year's quarter, indicating a 6133% increase.

Balance Sheet Strength

AVI Polymers' balance sheet also showed signs of growth. The company's total assets increased to ₹1,781.85 lacs as of September 30, 2025, up from ₹590.87 lacs reported on March 31, 2025. This represents a growth of approximately 201% in total assets over a six-month period.

Corporate Governance

The Board of Directors of AVI Polymers Limited approved these financial results at their meeting held on November 7, 2025, demonstrating the company's commitment to timely financial reporting and corporate governance practices.

Business Segment

AVI Polymers Limited operates primarily in the trading of agricultural products, which appears to be the driving force behind the company's significant financial growth in the reported quarter.

The substantial increase in revenue and profitability suggests a potential expansion in the company's agricultural trading activities or favorable market conditions in the sector. However, investors should note that these results are unaudited and subject to review.

As the company continues to show strong financial performance, stakeholders may want to keep an eye on future announcements and audited results to gain a more comprehensive understanding of AVI Polymers' business trajectory and sustainability of this growth.