Avro India Ltd Approves Sale of Plant and Machinery to Wholly Owned Subsidiary

Avro India Ltd Approves Sale of Plant and Machinery to Wholly Owned Subsidiary​

Avro India Ltd has approved a corporate transaction involving the sale of some plant and machinery to its wholly owned subsidiary, Avro Recycling Limited. The decision was made by the company's Board during a meeting held on June 06, 2026.

As per the board approval, the sale of the plant and machinery is scheduled to take place on June 30, 2026. The transaction will be conducted at fair value and is subject to subsequent shareholder approval.

The Board meeting commenced at 03:00 pm and concluded at 3:59 pm.

AVROIND Stock Price Movement​

On Friday, shares of AVRO INDIA LIMITED edged higher to close at ₹11.25, having gained 0.72% during the trading session. The stock saw activity amounting to 153,757 shares while closing out the day.

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