Avro India Limited has announced the launch of India's largest flexible plastic recycling facility, marking a significant milestone in the country's waste management and circular economy initiatives. The company made this announcement through a press release on January 8, 2026, under Regulation 30 of SEBI listing requirements.

Major Investment and Facility Details

The new recycling facility operates under AVRO Recycling Limited, a wholly owned subsidiary of Avro India Limited. The state-of-the-art greenfield facility is located in Ghaziabad and represents a substantial investment in sustainable technology.

Innovative Technology and Market Impact

The facility addresses one of India's most complex environmental challenges by processing difficult-to-recycle plastic waste. After more than three years of intensive research, trials, and technological innovation, Avro has developed a proprietary system capable of upcycling complex plastic waste at industrial scale.

Target Waste Materials:

• Cement bags
• Salt bags
• Sugar bags
• Putty bags
• Calcite packaging

The company's technology enables the responsible processing of nearly 1 million metric tonnes per annum (MTPA) of such waste generated in India. The recycled granules produced are fully utilised in manufacturing high-value end products including plastic furniture, air coolers, washing machines, and automotive components.

Cost Advantages and Market Positioning

The recycled granules offer significant cost advantages while maintaining quality standards. These materials are available at up to 40% lower cost than virgin plastic, helping manufacturers remain cost-efficient while meeting environmental compliance requirements.

With the implementation of Extended Producer Responsibility (EPR) norms mandating at least 30% recycled plastic content in rigid plastics, Avro India has positioned itself as the largest and most reliable organised player in the flexible plastic recycling space.

Company Background and Market Presence

Founded in 2002, Avro India Limited has established itself as a leading manufacturer of plastic-moulded furniture with nationwide prominence. The company is listed on both NSE and BSE and has built an extensive distribution network.

Future Expansion Plans

Looking ahead, Avro India is developing a pan-India network of 'mother and baby' recycling plants aimed at decentralising waste processing and accelerating India's transition to a circular economy. The company plans to expand through future greenfield recycling projects as part of its long-term sustainability vision.

According to Mr. Sushil Kumar Aggarwal, Chairman and Whole-Time Director, the company's vision extends beyond recycling to building a nationwide ecosystem that transforms waste into opportunity while protecting the environment. Through innovation, scale, and collaboration, Avro aims to position India as a global leader in sustainable plastic management.

Avro India Limited announced the resignation of Independent Director Mrs. Richa Kathuria (formerly known as Richa Kalra) effective December 20, 2025. The resignation was communicated to stock exchanges in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Director Resignation Details

The key details of the resignation are presented below:

Regulatory Compliance

The company has made the necessary disclosures pursuant to Regulation 30 read with Para A of Part A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mrs. Kathuria confirmed in her resignation letter dated December 20, 2025, that there is no material reason for her resignation other than the reason mentioned in her resignation letter.

Committee Memberships

As part of the regulatory disclosure requirements, Mrs. Kathuria provided details of her committee memberships in other listed companies:

Administrative Process

The company secretary Sumit Bansal (Membership No: A42433) has confirmed that all required formalities will be completed regarding the resignation, including:

• Filing of required forms with the Ministry of Corporate Affairs
• Intimating other relevant authorities as required
• Providing acknowledgement and copies of e-Form DIR-12 to the resigning director

The resignation takes immediate effect from December 20, 2025, and the company has assured compliance with all regulatory requirements related to the director's departure.