AVAX Apparels And Ornaments Limited successfully concluded its 2nd Extra-Ordinary General Meeting on January 12, 2026, with shareholders demonstrating unanimous support for all proposed resolutions. The meeting, conducted through video conferencing from 3:30 PM to 3:45 PM IST, marked significant corporate governance developments for the Delhi-based apparels and ornaments company.

Meeting Overview and Participation

The EGM witnessed participation from seven shareholders through video conferencing, comprising two from the promoter group and five from the public category. The company had a total of 70 shareholders on the record date of January 5, 2026. The voting process utilized both remote e-voting facilities and e-voting during the meeting, with Central Depository Securities (India) Limited serving as the e-voting service provider.

Resolution Outcomes and Voting Results

All three resolutions presented to shareholders received overwhelming support, with each resolution securing 100% approval from voting members. The voting demonstrated strong alignment between promoter and public shareholders across all agenda items.

Resolution 1: Independent Director Appointment

Shareholders approved the appointment of Ms. Shruti Shri Agnihotri (DIN-11323825) as Non-Executive Independent Director through a special resolution. This appointment strengthens the company's board composition with independent oversight.

Resolution 2: Whole Time Director Appointment

The second special resolution approved the appointment and remuneration of Mr. Deepak Kumar (DIN-08267845) as Whole Time Director. This resolution, which involved promoter group interest, received identical voting support across all shareholder categories.

Resolution 3: Share Capital Increase

Shareholders passed an ordinary resolution to increase the company's authorized share capital and make consequential amendments to the Memorandum of Association. This corporate restructuring move received the same unanimous support pattern as the previous resolutions.

E-Voting Process and Compliance

The company ensured comprehensive voting access through multiple channels. Remote e-voting was available from January 9, 2026, at 9:00 AM IST to January 11, 2026, at 5:00 PM IST. Additional e-voting facilities were provided during the meeting for shareholders who had not previously voted.

Regulatory Compliance and Documentation

FCS Gaurav Gupta of G Gupta & Associates served as the scrutinizer for the e-voting process, ensuring compliance with Section 108 of the Companies Act, 2013, and Regulation 44 of SEBI Listing Regulations. The scrutinizer's report confirmed the validity of all votes cast and the proper conduct of the electronic voting process.

The company has submitted the voting results and scrutinizer's report to BSE Limited in compliance with regulatory requirements. Company Secretary Shruti Jain coordinated the regulatory filings and ensured adherence to all disclosure obligations under the SEBI Listing Regulations.

AVAX Apparels and Ornaments Limited has submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 for the third quarter of fiscal year 2026. The company filed the mandatory documentation with BSE Limited on January 7, 2026, covering the quarter ended December 31, 2025.

Regulatory Compliance Details

The certificate was filed pursuant to Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulation requires companies to provide quarterly confirmations regarding the dematerialization of physical share certificates.

Certificate Confirmation

Skyline Financial Services Private Limited, serving as the company's Registrar and Share Transfer Agent (RTA), issued the confirmation certificate dated January 2, 2026. The certificate confirms that no physical share certificates were received for dematerialization of equity shares during the quarter ended December 31, 2025.

The RTA's certificate specifically states that with respect to equity shares of AVAX Apparels and Ornaments Limited, no physical share certificates were received from depository participants for dematerialization during the reporting period.

Company Information

AVAX Apparels and Ornaments Limited operates from its registered office located at 611, 6th Floor, Jaina Tower II, District Center, Janakpuri, New Delhi 110058. The company is engaged in the trading sector and maintains its corporate website at www.avaxapparels.com .

Filing Authority

Company Secretary and Compliance Officer Shruti Jain (Membership No. A52018) signed and submitted the compliance certificate on behalf of the Board of Directors. The document was digitally signed on January 7, 2026, at 12:17:53 +05'30', ensuring proper authentication and regulatory compliance.

This quarterly filing represents part of the company's ongoing regulatory obligations under SEBI depositories regulations, designed to maintain transparency in share dematerialization processes and protect investor interests in the securities market.