Shareholders meeting

Date: September 30, 2026 To, To, Manager - Listing Compliance Manager - Listing Compliance BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001. Mumbai - 400 051 BSE Scrip Code: 543512 NSE Symbol: AVROIND Sub: Summary Proceedings of 30th Annual General Meeting of the Company held on Wednesday, September 30, 2026 at 01:00 p.m. through Video Conference/Other Audio- Visual means Dear Sir/Madam We hereby inform you that the 30th Annual General Meeting (“AGM”) of the Company was held on Wednesday, September 30, 2026 at 01:00 p.m. Pursuant to various circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India, the AGM was held through Video Conference/Other Audio-Visual means to transact the business as stated in the notice dated September 04, 2026, convening the AGM. In this regard, please find enclosed herewith summary of proceedings of the AGM of the Company as per Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is for your information and records. Thanking You, For Avro India Limited Sumit Bansal (Company Secretary & Compliance Officer) Membership No: A42433 Encl: A/a The 30th Annual General Meeting (“AGM”) of Avro India Limited (“the Company”) was held today i.e. Wednesday, September 30, 2026 at 01:.00 p.m. through Video Conference (“VC”)/Other Audio-Visual Means (“OAVM”), in compliance with provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and various circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India. Directors in attendance through VC Mr. Nikhil Aggarwal -Whole Time Director Mr. Sahil Aggarwal -Whole Time Director Mr. Pawan Dixit -Independent Director Mrs. Nimisha Rohit Agarwal -Independent Director Mr. Sushil Kumar Goyal -Independent Director Mr. Mukul Jain -Independent Director In Attendance: Mr. Sumit Bansal -Company Secretary & Compliance Officer Mr. Ghanshyam Singh -Chief Financial Officer Statutory Auditors -Mr. Sushil Kumar Lal, Partner M/s S A A R K AND CO Secretarial Auditor -Mr. Lalit Chaturvedi, Proprietor M/s Chaturvedi & Company Members Present 41 members attended the meeting through VC. Mr. Sumit Bansal, Company Secretary & Compliance Officer welcomed the members to the AGM. He informed that the notice of the 30th AGM through Video Conferencing was sent through electronic mode to all shareholders on September 08, 2026, whose email ids were registered with the Company and the Depositories on cut-off date. It was mentioned that pursuant to MCA & SEBI Circulars, the facility to join the meeting through VC was provided to all the shareholders of the Company on first come first serve basis. As the meeting was conducted through VC, hence, the attendance through proxy was not allowed and accordingly has not been provided. The Company Secretary also informed that Mr. Sushil Kumar Aggarwal, Chairman of the Company did not attend the meeting as he has undergone bypass surgery of heart on September 23, 2026. Therefore, the Board members elected Mr. Nikhil Aggarwal as a Chairman of the meeting pursuant to provisions of Articles of Association of the Company, Upon confirmation for the requisite quorum being present, he called the meeting to order. He welcomed the members to the 30th Annual General Meeting conducted through VC and thanked all the participants. The Chairman introduced the Directors of the Company who attended the AGM from their respective locations including the Chairperson of the Committees of the Board, Chief Financial Officer, Company Secretary, Statutory Auditors and Secretarial Auditor. The directors including Key Managerial personnel, partner of statutory auditors and secretarial auditor confirmed their respective locations. Mrs. Anita Aggarwal, Non-Executive Director did not attend the meeting due to pre-occupations and Mr. Sushil Kumar Aggarwal, Whole Time Director did not attend the meeting due to bypass surgery of heart few days ago. The Chairman informed that all the statutory registers and other documents were available for inspection by members as per the process mentioned in the AGM Notice. The Chairman briefed the members about the operations and financial performance of Company. With the consent of the shareholders, the Notice convening the AGM was taken as read. Mr. Sumit Bansal, Company Secretary & Compliance Officer informed that there were no qualifications or adverse comments in the Audit Report given by the Statutory Auditor and Secretarial Auditor. Hence with the permission of the members, these reports for FY 2025- 26 were taken as read. Mr. Nikhil Aggarwal Chairman of the meeting read the resolution 1 as set out in the Notice of the 30th AGM for Shareholder’s approval and thereafter Mr. Nikhil Aggarwal requested Mr. Mukul Jain, a non-interested and independent director to act as a Chairman for the resolution no.2, 3 and 4. The resolutions were as follows: S.No. Particulars Type of Resolution 1. Adoption of Audited Financial Statements of the Ordinary Company. 2. Appointment of Mrs. Anita Aggarwal (DIN: Ordinary 00248972) Director, who retires by rotation and being eligible offers herself for reappointment. 3. To change the designation of Mr. Sahil Aggarwal Special (DIN: 02515025) Managing Director to Whole Time Director. 4. To change the designation of Mr. Nikhil Aggarwal Special (DIN: 03599964) from Whole Time Director to Managing Director. Thereafter on the request of Mr. Mukul Jain, Mr. Nikhil Aggarwal resumed the chair. Mr. Sumit Bansal informed the members that as per provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had provided remote e-voting facility and e-voting during the meeting to the members to exercise their vote in respect of business proposed in the notice of 30th AGM through National Securities Depositories Limited. The remote e-voting commenced on Sunday, September 27, 2026 at 09:00 am IST and ended on Tuesday, September 29, 2026 at 5:00 pm IST. The Cut-off date for voting was September 23, 2026. The members who had not exercised their vote through remote e-voting were requested to cast their vote through e-voting. The e-voting facility was kept active after the conclusion of the AGM. He further informed that Mr. Lalit Chaturvedi, proprietor of Chaturvedi & Company, Practising Company Secretary was appointed as the Scrutinizer for remote e-voting and e-voting done during the AGM. Thereafter, Company Secretary invited speaker shareholders, who had done prior registrations, to speak and ask questions and he read the questions as sent by the shareholders in advance to which chairman had replied accordingly and few shareholders asked the questions related to financial performance and chairman replied accordingly. The Chairman also asked the shareholders to submit their questions via email and company will submit the written reply to them. Mr. Nikhil Aggarwal, Chairman of the meeting thanked the Board of Directors, members and auditors for joining the meeting through VC/OAVM. He informed that voting results will be declared within two days of conclusion of Annual General Meeting. The Voting Results along with Scrutinizers report will be intimated to National Stock Exchange of India Limited and BSE Limited, where the shares of the Company are listed and shall be placed on the Company’s website www.avrofurniture.com and on the website of NSDL. The meeting was concluded with a Vote of thanks to the Chairman at 02:56 p.m. The voting results pursuant to Reg. 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and report of the Scrutinizer, pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of th [Showing first 8,000 characters — download PDF for full document]