Proceedings of the Extra-Ordinary General Meeting held on December 11, 2025
Awaiting price reaction for this filing.
AVI Polymers Ltd held an Extra-Ordinary General Meeting (EGM) on December 11, 2025, via video conferencing from 2:00 PM to 2:54 PM. Two special business items were transacted: (1) an Ordinary Resolution to increase the Authorised Share Capital of the Company, and (2) an Ordinary Resolution to appoint M/s Kapil Kumar Agrawal & Associates as the new Statutory Auditors of the Company. Both resolutions were passed during the meeting. The detailed voting results (poll + e-voting) will be filed separately with the stock exchange as required under SEBI Listing Regulations.
For shareholders, the increase in Authorised Share Capital signals that the company may be planning a fundraising or stock split in the near future, though no specific issuance details have been disclosed yet. The change of statutory auditors is a routine governance update; shareholders should watch for the voting results to confirm the level of approval.