Appointment of Company Secretary and compliance officer
Awaiting price reaction for this filing.
Avi Products India held its board meeting on February 12, 2026, and approved unaudited results for Q3 and 9M FY26 (ended December 31, 2025). Revenue for the quarter stood at Rs. 39.28 lakhs, but the company posted a net loss of Rs. 44.25 lakhs in Q3, taking the 9M loss to Rs. 137.66 lakhs versus a small profit of Rs. 3.10 lakhs a year ago. E-commerce remains the only active segment, reporting a 9M loss of Rs. 118.74 lakhs. Company Secretary Shanu Jain resigned citing a better professional opportunity, and Shreyana Koyande (ACS, Membership No. A79500) was appointed in her place with immediate effect. Statutory auditor N K Jalan & Co was re-appointed for a second 5-year term (FY26 to FY30), and the EGM was rescheduled to March 17, 2026.
The financials are weak — 9M revenue nearly halved year-on-year and the company swung from profit to a sizeable loss, which is a negative signal for shareholders. The CS change is routine, but the deepening E-commerce losses and rescheduled EGM (likely seeking shareholder approval on a key matter) are points investors should watch closely.