AVRO INDIA LIMITED has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on February 04, 2026
AVROIND · price
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AVRO India has called an Extraordinary General Meeting (EGM) on February 4, 2026, to seek shareholder approval on four special resolutions. The first item is the appointment of Mrs. Nimisha Rohit Agarwal (DIN: 11442309) as a Woman Independent Director for a five-year term, filling the vacancy left by the resignation of Mrs. Richa Kathuria. The remaining three resolutions seek shareholder approval to increase monthly remuneration of promoter directors — Chairman & Whole Time Director Sushil Kumar Aggarwal and Managing Director Sahil Aggarwal will each see a hike from Rs. 1,00,000 to Rs. 1,25,000, while Whole Time Director Nikhil Aggarwal's pay will rise from Rs. 75,000 to Rs. 1,25,000. The cut-off date for e-voting eligibility is January 28, 2026, and remote e-voting runs from February 1 to February 3, 2026, via NSDL.
This is a routine governance update. The new independent director appointment is a regulatory formality after the prior director's exit. The salary hikes are modest in absolute terms and apply to the promoter-family directors running the business, which is common in closely-held companies. No major operational or financial event — unlikely to materially move the share price.