
Management Change3 Nov 2026, 02:52 pm
Avi Products India Ltd: Four Directors Resign
AI Summary
Avi Products India Ltd announced that its Board of Directors, in a meeting held on November 3, 2026, accepted the resignations of four directors: Mr. Avinash Dhirajlal Vora, Mr. Vikram Avinash Vora, Mr. Kamlesh Bhagwandas Mehta, and Mr. Pradeep Himatlal Joshi. The resignations are effective from November 3, 2026, after business hours. The company cited a change in management and their status as promoters of the old management as the reason for their departure. The board meeting also approved the standalone unaudited financial results for the quarter and half-year ended September 30, 2026, along with the limited review report from S A R A & Associates.
Key Highlights
- Four directors have resigned from Avi Products India Ltd.
- Resignations are effective November 3, 2026, post business hours.
- Reason cited is change in management and old promoter status.
- Unaudited financial results for Q2 FY27 were also approved.
Price Impact
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