Management Change23 Apr 2026, 04:51 pm
Avi Products: Board, CFO, CS, Auditor Changes & Office Relocation
AI Summary
Avi Products India Ltd's Board approved significant management and auditor changes, effective April 23, 2026. This includes the appointment of six new directors, including a new Executive Director and Chairman, and three independent directors. Concurrently, four existing directors resigned due to a 'change of control and management'. The company also appointed a new Chief Financial Officer and Company Secretary, replacing the outgoing personnel. Furthermore, new internal and secretarial auditors were appointed, and the registered office is being relocated from Thane to Mumbai.
Key Highlights
- Six new directors appointed, including a new Executive Director and Chairman.
- Four existing directors resigned due to a change in control and management.
- New Chief Financial Officer and Company Secretary appointed.
- New internal and secretarial auditors appointed for FY2026-27.
- Registered office to be changed from Thane city to Mumbai city.
Price Impact
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