Announced Tue, 13 Jan · 19:59 IST

E-Voting Result & Scrutinizer''s Report of 2nd Extra-Ordinary General Meeting of the Company

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Avax Apparels and Ornaments Limited held its 2nd Extra-Ordinary General Meeting on January 12, 2026, via video conferencing from 3:30 PM to 3:45 PM. Three resolutions were passed with 100% votes in favour and zero votes against. The resolutions included: (1) appointment of Ms. Shruti Shri Agnihotri as Non-Executive Independent Director (Special Resolution), (2) appointment and remuneration of Mr. Deepak Kumar as Whole Time Director (Special Resolution, promoters were interested), and (3) increase in Authorized Share Capital with consequential amendment to the Memorandum of Association (Ordinary Resolution). Out of 1,039,158 total outstanding shares, 546,158 votes (52.56%) were polled, with promoters holding 540,158 shares voting entirely in favour. The meeting was attended by 2 promoter group members and 5 public shareholders via video conferencing.

Likely market impact

All resolutions passed unanimously, reflecting strong shareholder alignment and management continuity. The board is strengthened with a new Independent Director and Whole Time Director, while the share capital increase signals potential fundraising or expansion plans ahead. No negative voting signals; minimal direct share price impact expected from this procedural filing.