AVI Polymers Appoints Manish Rakesh as Company Secretary and Compliance Officer

1 min read     Updated on 20 Nov 2025, 02:47 PM
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AI Summary

AVI Polymers Limited has appointed Mr. Manish Rakesh as the new Company Secretary and Compliance Officer, effective November 20, 2025. Mr. Rakesh, with membership number A29424, brings extensive experience in corporate legal compliance and management. His qualifications include LLB, LLM, Company Secretaryship, and a BA in Political Science. The appointment aligns with regulatory requirements under Section 203 of the Companies Act, 2013, and SEBI listing regulations.

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AVI Polymers Limited , a company listed on the Indian stock exchanges, has announced a significant change in its key managerial personnel. The Board of Directors has approved the appointment of Mr. Manish Rakesh as the new Company Secretary and Compliance Officer, effective November 20, 2025.

Key Details of the Appointment

  • Name: Mr. Manish Rakesh
  • Membership Number: A29424
  • Position: Company Secretary and Compliance Officer
  • Effective Date: November 20, 2025

Professional Background

Mr. Rakesh brings a wealth of experience to his new role at AVI Polymers. His qualifications include:

  • LLB from Magadh University, Bodh Gaya, Bihar
  • LLM (Criminal Law) from Kurukshetra University, Haryana
  • Company Secretaryship from ICSI, Delhi
  • BA (Hons.) in Political Science from Delhi University

Expertise and Experience

Mr. Rakesh's professional experience spans various aspects of corporate legal compliance and management. His areas of expertise include:

  • Company legal compliance with Registrar of Companies (ROC)
  • Matters related to Director Identification Number (DIN) disqualification
  • Conducting Annual General Meetings (AGMs), Extraordinary General Meetings (EGMs), and Board Meetings
  • Drafting and vetting of corporate contracts
  • Handling workmen compensation cases
  • Advising on employment-related legal matters

Regulatory Compliance

This appointment is in line with regulatory requirements under Section 203 of the Companies Act, 2013, and SEBI listing regulations. It demonstrates AVI Polymers' commitment to maintaining strong corporate governance practices and ensuring compliance with regulatory standards.

Company's Statement

Chintan Y. Patel, Managing Director of AVI Polymers Limited, stated, "We are pleased to welcome Mr. Manish Rakesh to our team. His extensive experience in corporate law and compliance will be invaluable as we continue to strengthen our governance framework and navigate the evolving regulatory landscape."

The appointment of Mr. Rakesh is expected to enhance AVI Polymers' compliance capabilities and contribute to the company's overall corporate governance structure.

Investors and stakeholders can view this appointment as a positive step towards ensuring robust compliance and secretarial practices within the company.

Historical Stock Returns for AVI Polymers

1 Day5 Days1 Month6 Months1 Year5 Years
-4.99%-18.43%-18.43%+19.27%+20.65%+146.98%

AVI Polymers Reports Significant Growth in Q2 FY26 with 6225% Increase in Net Profit

1 min read     Updated on 08 Nov 2025, 07:56 AM
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AI Summary

AVI Polymers Limited, an agricultural products trading company, announced unaudited standalone financial results for Q2 FY26. Net profit soared to ₹229.39 lacs, a 6225% increase from Q2 FY25. Revenue from operations jumped to ₹2,950.41 lacs, up 45784% year-over-year. Basic EPS rose to ₹5.61, marking a 6133% growth. Total assets grew by 201% to ₹1,781.85 lacs compared to March 31, 2025. The Board of Directors approved these results on November 7, 2025.

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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

Metric Q2 FY26 Q2 FY25 YoY Change
Net Profit ₹229.39 ₹3.68 +6225%
Revenue from Operations ₹2,950.41 ₹6.43 +45784%
Basic EPS ₹5.61 ₹0.09 +6133%

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.

Historical Stock Returns for AVI Polymers

1 Day5 Days1 Month6 Months1 Year5 Years
-4.99%-18.43%-18.43%+19.27%+20.65%+146.98%

More News on AVI Polymers

1 Year Returns:+20.65%