Bonus shares, stock split and capital hike approved via postal ballot

AVI Polymers shareholders approved all 4 resolutions via postal ballot with overwhelming support. Items passed: bonus share issuance (99.96% in favor), stock split from Rs 10 to Rs 1 face value (99.79%), increase in authorised share capital (99.93%), and change in object clause of MOA (99.79%). About 30% of 94 lakh outstanding shares were polled. E-voting ran June 9 to July 8, 2026.