AVI Products India Ltd. Holds Adjourned Extraordinary General Meeting
AVI Products India Ltd. held an adjourned Extraordinary General Meeting (EGM) on March 24, 2026, at 2:00 P.M. (IST) via video conferencing and other audio-visual means. The meeting was convened to address business matters outlined in a notice dated February 12, 2026.Pursuant to Regulation 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed the consolidated outcome of voting along with a report from Scrutinizer Mr. Suprabhat Chakraborty of Suprabhat & Co.
Key Resolutions and Voting Results
The following resolutions were put to a vote, with results as detailed in the attached Scrutinizer's Report:
Special Resolution 1: Regularization/Appointment of Mr. Manas Ranjan Palo as an Independent Director for a term of five years. 25,725 votes were cast in favor, while 70 were cast against.
Special Resolution 2: Regularization/Appointment of Mr. Saroj Kumar Choudhury as a Non-Executive Non-Independent Director. 25,725 votes were cast in favor, and 70 were cast against.
Ordinary Resolution 3: Appointment of M/s. N K Jalan & Co., Chartered Accountants, as Statutory Auditor for a term of five financial years. 25,725 votes were cast in favor, and 70 were cast against. The auditor subsequently expressed unwillingness to continue, and the resolution was not considered at the adjourned EGM.
Ordinary Resolution 4: Appointment of M/s. VKMG & ASSOCIATES LLP as Secretarial Auditor for a term of five financial years. 25,725 votes were cast in favor, and 70 were cast against.
Special Resolution 5: Enhancement of the borrowing limits of the Company. 25,725 votes were cast in favor, and 70 were cast against.
Special Resolution 6: Authorization for the Board of Directors to create security interests over the company's undertaking. 25,725 votes were cast in favor, and 70 were cast against.
Special Resolution 7: Authorization under Section 186 of the Companies Act, 2013. 25,725 votes were cast in favor, and 70 were cast against.
A total of 4 members attended the meeting via video conferencing.
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