AVI Polymers Ltd

AVI Polymers Limited's Board of Directors met on June 4, 2026, approving several key corporate actions. The company will increase its authorized share capital to ₹1,050 crore. A bonus issue of 1:10 equity shares and a 1:10 equity share split (face value ₹10 to ₹1) were approved, subject to regulatory and shareholder approvals respectively. Furthermore, the company announced a strategic diversification into Green Tech and Sustainability, focusing on industrial waste management, advanced material recycling, and carbon footprint optimization. The board also approved a postal ballot for these resolutions and appointed a scrutinizer.

AVI Polymers Ltd. has announced the closure of its trading window for all Directors, Designated Persons, and their immediate relatives. The closure will be effective from Friday, May 29, 2026, and will remain in place until 48 hours after the conclusion of the Board Meeting scheduled for Thursday, June 04, 2026. This action is taken in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company’s code of conduct.

AVI Polymers Ltd has appointed Ms. Pushpa Joshi (DIN - 06838093) as a Non-Executive Independent Director (Additional) effective May 18, 2026, for a five-year term, subject to shareholder approval. Ms. Joshi's appointment follows the recommendation of the Nomination and Remuneration Committee. She brings experience in accounting, administration, and office operations. She is not related to any existing directors and is not debarred from holding the office.

AVI Polymers Ltd's board has approved the acquisition of a 90% stake in JVTR Consultants Private Limited for an indicative valuation of ₹500 Crore through a share swap mechanism. This will involve issuing equity shares via a preferential issue, subject to due diligence, definitive agreements, shareholder approval, and regulatory approvals. The board also approved expanding the company's Memorandum of Association to include information technology services, software development, and related activities, pending shareholder approval, to align with a strategic shift into the technology sector.

AVI Polymers Ltd announces its HealthTech AI platform, Ashwini Healthcare AI (www.ashwini.tech), has gained significant early traction with over 5,620 registered users. The platform operates on a SaaS model with an annual subscription of ₹999. The company projects an initial cohort of 600-900 paying subscribers in the first year, leading to an Annual Recurring Revenue (ARR) of ₹6 Lakhs to ₹9 Lakhs. The company aims to scale the user base to 10,000 paying subscribers for a ₹1 Crore ARR run-rate and further expand to 80,000-120,000 subscribers for an ₹8 Crore to ₹12 Crore ARR.

AVI Polymers Ltd has scheduled a Board of Directors meeting on May 7, 2026, to consider and approve a proposal for fund raising up to ₹500 Crore through various methods including qualified institutional placement, private placement, or preferential issue. The board will also consider adding new objects to the Memorandum of Association, including information technology and digital platforms. The trading window will be closed from May 4, 2026, until 48 hours after the board meeting.

AVI Polymers Ltd has announced a board meeting on May 7, 2026, to consider and approve a fund-raising proposal of approximately ₹500 Crore through qualified institutional placement, private placement, or other permissible modes. The board will also consider new business objects including information technology, software development, and digital platforms. The trading window will be closed from May 4, 2026, until 48 hours after the board meeting.

AVI Polymers Ltd. has announced that its Promoter and Promoter Group intend to acquire up to 5% of the company's total paid-up equity share capital through open market transactions. This decision reflects the management's strong conviction in the company's strategic direction and long-term value. The company recently reported a significant financial turnaround in FY26, with revenue surging 4,854x to ₹3312.11 Crore and net profit expanding 25x. AVI Polymers is now debt-free, with net worth at ₹115.99 Crore, and has launched AI subsidiaries KrishiBuddy and AVI Health AI. The acquisitions will be phased and comply with SEBI (SAST) and SEBI (PIT) Regulations.

AVI Polymers Ltd announced its audited financial results for Q4 and the full fiscal year ended March 31, 2026, marking a significant turnaround. For FY26, revenue from operations surged to ₹312.11 crore, a substantial increase from ₹30.06 crore in FY25. Net Profit After Tax climbed 24.9 times year-on-year to ₹20.33 crore, while Net Worth expanded 20.5 times to ₹115.99 crore. The company also successfully completed a fully-subscribed ₹89.99 crore rights issue. Additionally, AVI Polymers brought two wholly-owned AI technology subsidiaries, KrishiBuddy and AVIHealth AI, to commercial deployment, diversifying its business. The results show continuous acceleration throughout the year, with strong sequential and year-on-year growth in Q4 FY26.

AVI Polymers Ltd. announced its audited consolidated and standalone financial results for the year ended March 31, 2026. Key highlights include revenue from operations of ₹312.11 Cr and a net profit of ₹20.33 Cr. The board also noted that a dividend is expected to be declared in the near future. The company reported a significant surge in profit and capital infusion, with plans to launch AVI Health AI this week.