Submission of voting results along with Scrutinizer''s report
Awaiting price reaction for this filing.
AVI Polymers held an Extra-Ordinary General Meeting on December 11, 2025, via video conferencing, where two ordinary resolutions were passed with 100% approval. Resolution 1 approved an increase in the company's Authorised Share Capital, and Resolution 2 approved the appointment of M/s Kapil Kumar Agrawal & Associates as the new Statutory Auditors. Out of 7,906 shareholders on record (holding 40.9 lakh total shares), only 6 public shareholders cast votes covering 6,532 shares (roughly 0.16% of total equity), with all votes in favour and none against. Promoters holding about 10.3 lakh shares did not cast any vote during the e-voting process.
Shareholders have cleared the way for the company to raise its authorised share capital, which could be used later for fundraising or expansion. A new statutory auditor has also been confirmed. The extremely low voting turnout (just 6 retail shareholders participated) is typical for small-cap companies and is not unusual for routine governance items.