AVRO INDIA LIMITED has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on April 18, 2026
AVROIND · price
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Avro India Limited has called an Extraordinary General Meeting (EGM) on April 18, 2026 at 1:00 PM via video conferencing. Three key resolutions will be put to shareholders: (1) adopting a new set of Articles of Association aligned with the Companies Act, 2013 (Special Resolution), (2) sub-division or stock split of equity shares from face value of Rs. 10 to Rs. 1 per share (Ordinary Resolution), and (3) corresponding amendment to the Capital Clause of the Memorandum of Association. The current paid-up equity share capital is Rs. 13.31 crore, comprising 1,33,11,050 shares of Rs. 10 each, which will become 13,31,10,500 shares of Rs. 1 each post-split. The cut-off date for e-voting eligibility is April 11, 2026, and the remote e-voting window runs from April 15 to April 17, 2026.
The proposed 10:1 stock split will lower the per-share price, making it more affordable for retail investors and potentially boosting liquidity and trading volumes. No actual change in total company value or capital will occur. Shareholders holding shares as of April 11, 2026 should ensure their demat details are updated to receive the split shares.