Avro India Limited Holds EGM on April 18, 2026, Approves Share Sub-division
Avro India Limited held an EGM on April 18, 2026, to approve the sub-division of equity shares from ₹10 to ₹1 face value. The meeting also adopted a new Articles of Association and approved alterations to the Memorandum of Association. Voting results are expected within two working days.
The stock sub-division is a significant corporate action that can impact share liquidity and investor accessibility, warranting a medium impact.
The EGM successfully transacted key business, including the approval of a stock split, which is generally viewed positively by the market as it can increase liquidity.
Avro India Limited conducted its Extraordinary General Meeting (EGM) on Saturday, April 18, 2026, commencing at 01:00 p.m. IST through Video Conference/Other Audio-Visual means. The meeting was convened to transact businesses as stated in the notice dated March 25, 2026.
The EGM was attended by 32 members via Video Conference. Key agenda items included the adoption of a new set of Articles of Association, the sub-division of equity shares from a face value of ₹10 per share to ₹1 per share, and the consequent alteration of the Capital Clause of the Memorandum of Association.
Remote e-voting commenced on Wednesday, April 15, 2026, at 09:00 am IST and concluded on Friday, April 17, 2026, at 5:00 pm IST. The voting facility at the meeting remained active for thirty minutes post-conclusion. Mr. Lalit Chaturvedi was appointed as the Scrutinizer for the e-voting process. The voting results and Scrutinizers' report will be declared within two working days of the EGM's conclusion and will be disseminated to the stock exchanges, the company's website, and the NSDL website.
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AVRO INDIA LIMITED filed this with the NSE as a statutory disclosure, categorised under egm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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