Board Meeting14 Apr 2026, 04:03 pm
Avi Products Board to Consider New Directors, MD, Auditors, & MoA Change
AI Summary
The Board of Directors of Avi Products India Ltd will convene on April 23, 2026, to discuss significant corporate changes. The agenda includes the appointment of new additional directors and a new Managing Director, following an acquirer depositing 100% of the escrow amount under SEBI Takeover Regulations. The board will also consider appointing new internal and secretarial auditors for FY 2026-27, changing the company's registered office, and amending the main object clause of its Memorandum of Association. Additionally, the meeting will address related party transactions, re-constitution of committees, and approval for a postal ballot to seek members' approval for these matters.
Key Highlights
- Board meeting scheduled for April 23, 2026, to discuss major corporate restructuring.
- Agenda includes appointment of new Additional Directors and a new Managing Director.
- Consideration of new Internal and Secretarial Auditors for the financial year 2026-27.
- Proposed changes to the registered office and the main object clause of the MoA.
- Postal Ballot to seek shareholder approval for these significant corporate actions.