EGM approves sale of plant and machinery to Avro Recycling

Board & Shareholder Meetings View source PDF

AVROIND · price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close

+0.6%1-day move

₹10.29

prior close

₹10.64

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.3———+0.6-2.4-1.5-1.7-3.4-5.9-12.6———

Up moveDown movePending

AI summary

Avro India held an EGM on June 30, 2026. Shareholders approved a Special Resolution to sell substantial plant and machinery to Avro Recycling Limited with 99.9997 percent votes in favour. About 50.71 million votes were polled, with promoters supporting 100 percent and public shareholders at 99.71 percent. The resolution was passed with the required majority.

Likely market impact

Major asset sale to a likely related party. May shrink operations and free up cash. Watch next quarter results for execution impact.