Avro India Ltd

Avro India Ltd has received approval from both the National Stock Exchange (NSE) and BSE Ltd for the listing and trading of 10,60,900 equity shares. These shares, with a face value of Rs. 1 each, were allotted to non-promoters on a preferential basis. The listing is effective from July 3, 2026. The shares bear distinctive numbers from 133110501 to 134171400. A lock-in period is in effect until January 5, 2027, for these shares. This development signifies the completion of a preferential allotment process and the integration of new equity into the company's tradable stock.

Avro India Ltd has received in-principle approval from the National Stock Exchange (NSE) and approval from BSE Ltd for the listing of 10,60,900 equity shares to be issued to non-promoters on a preferential basis. The approvals are valid for seven working days from the date of grant. This move will allow the company to list the additional equity shares.

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.

Avro India Ltd's Board of Directors has approved the sale of certain plant and machinery at fair value to its wholly-owned subsidiary, Avro Recycling Limited. The transaction is scheduled to take place on June 30, 2026, and is subject to shareholder approval. The board meeting where this decision was made commenced at 3:00 pm and concluded at 3:59 pm on June 06, 2026.

Avro India Ltd has entered into a Memorandum of Understanding (MoU) with the Society of Digital Entrepreneurs (SODES) on May 22, 2026. The agreement aims to jointly explore and develop scalable rural plastic waste management systems under Project Suddh, targeting 2,50,000 gram panchayats across India. The MoU outlines a framework for commercial cooperation, technology deployment, and logistics coordination, signifying a strategic move towards environmental sustainability and rural development.

Avro India Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board meeting, held on May 30, 2026, commenced at 05:00 p.m. and concluded at 08:28 p.m. The company also addressed the equity share split from ₹10 to ₹1, approved earlier and effective from May 05, 2026.

Avro India Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The meeting, held on May 30, 2026, commenced at 05:00 p.m. and concluded at 08:28 p.m. The auditor, SAARK AND CO, issued an independent auditor's report with an unmodified opinion on the financial results.

Avro India Ltd has scheduled a Board of Directors meeting on May 30, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The trading window has been closed since April 1, 2026, and will remain closed until 48 hours after the declaration of the results.

Avro India Ltd's Board of Directors has fixed Tuesday, May 05, 2026, as the record date for the sub-division of its equity shares. Each existing equity share with a face value of ₹10 will be split into ten equity shares, each with a face value of ₹1. This corporate action is intended to enhance the liquidity of the company's shares and make them more affordable for a broader base of investors.

Avro India's Board approved the allotment of 1,06,090 fully paid-up equity shares to non-promoter warrant holders who exercised their option by paying the balance 75% of the issue price of ₹127.25 per share. This follows an earlier allotment of 5,30,451 convertible warrants. Consequently, the company's paid-up equity share capital increased from ₹13,31,10,500 to ₹13,41,71,400. The newly allotted shares will rank pari-passu with existing shares. Additionally, 4,24,361 warrants lapsed as the balance payment was not received within 18 months, leading to the forfeiture of the 25% upfront payment.