Avro India to Sell Plant & Machinery to Wholly Owned Subsidiary

Avro India Ltd has announced an Extraordinary General Meeting (EGM) scheduled for June 30, 2026, to approve the sale of a substantial part of its plant and machinery to its wholly owned subsidiary, Avro Recycling Limited. The sale will be conducted at a fair value determined by a registered valuer on the EGM date. The company is providing remote e-voting and in-meeting e-voting facilities for shareholders. The cut-off date for determining voting eligibility is June 23, 2026. This transaction is subject to shareholder approval via a special resolution.