Output of Meeting of the Board of Director under Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

AVAX LIMITED (Formerly known as Avax Apparels and Ornaments Limited) Regd. Office: 611, 6th Floor, Jaina Tower II, Distt Center, Janak Puri, New Delhi 110058, CIN: L14101DL2005PLC137127; Website: www.avaxapparels.com E-mail: Info@avaxapparels.com; Mobile: 9599497767 November 13, 2026 The Department of Corporate Services, BSE Limited, 20th Floor, P.J. Towers, Dalal Street, Mumbai – 400 001. Scrip Code: 544337 | Scrip Symbol: AVAX | ISIN: INE0NQ401024 Sub: Output of Meeting of the Board of Director under Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/ Ma’am, Pursuant to the above referred and applicable provisions, we wish to inform you, that a meeting of the Board of Directors of Avax Limited (Formerly known as Avax Apparels and Ornaments Limited) (“the company”) held today i.e. Friday, November 13, 2026 at 01:00 p.m. at Registered Office of the Company at 611, 6th Floor, Jaina Tower II, Distt Center, Janak Puri, New Delhi 110058 inter-alia considered and approved the following matters: 1. The Unaudited Standalone Financial Results for the Half Year ended as on September 30, 2026 with Limited Review Report thereon. The aforesaid information will also available on the website of the Company https://avaxapparels.com. Considered & discussed other items as per the agenda circulated & as decided by the Board of Directors of the Company. The Board meeting concluded at 01:45 PM IST. Kindly consider this and take the same on record. Thanking you, Yours faithfully, For and on behalf of the Board of Directors M/s Avax Limited (Formerly known as Avax Apparels and Ornaments Limited) Shruti Jain (Company Secretary and Compliance Officer) M. No.: F14284 BSE - INTERNAL Unit no. 210, 2nd Floor, RG City Centre, Lawrence N KSC & CO Road Plot no. SU, LSC Block-B, Delhi — 110034 @ www.nksc.in Chartered Accountants = info@nkscin @ 011 - 4566 0694 Limited Review Report The Board of Directors Avax Limited (Formerly known as Avax Apparels and Ornaments Limited) Independent Auditor’s Review Report on Unaudited half yearly Financial Results of Avax Limited pursuant to the Regulation 33 of SEBI (Listing Obligation and Disclosures Requirements) Regulations, 2015 (as amended) 1. We have reviewed the accompanying Financial Results (“the Statement") of Avax Limited (‘the Company’) for the half year ended 30 September 2026, attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”) including relevant circulars issued by the SEBI from time to time. 2. The Statement which is the responsibility of the Company’s management and approved by the Company’s Board of Directors, has been prepared in accordance with recognition and measurement principles laid down in Indian Accounting Standard — 34 “Interim Financial Reporting” as prescribed under Section 133 of Companies Act, 2013 (“the Act”) read with relevant rules issued there under and other accounting principles generally accepted in Indiais in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including relevant circulars issued by the SEBI from time to time. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagement (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Unit no. 210, 2nd Floor, RG City Centre, Lawrence N KSC & CO Road Plot no. SU, LSC Block-B, Delhi — 110034 Chartered Accountants = info@nkscin @ 011 - 4566 0694 4. Based on our review conducted as above nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including the manner in which it is to be disclosed, or that it contains any material misstatement. For NKSC & Co. Chartered Accountants ICAI Firm RegistratiNoo.n: 020076N Priyank Goyal Partner Membership No.: 521986 UDIN: 26521986VEZJUH4143 Place: New Delhi Date: 13 November 2026 AVAX LIMITED (Formerly known as Avax Apparels and Ornaments Limited) CIN No:- L14101DL2005PLC137127 REGISTERED OFFICE: 611 6TH FLOOR JAINA TOWER Il DISTT CENTRE JANAK PURI, DELHI, INDIA, 110058 STATEMENT OF UNAUDITED ASSETS AND LIABILITIES AS AT SEPTEMBER 30, 2026 (Rs.in lacs) Particulars SeptembA es ra 3t 0 , 2026 MarchA s 31a ,t 2 026 Audited ASSETS Non-current assets Property, plant and equipment 15783 16883 Intangible assets 412 451 Financial assets ) Other financial assets 038 038 Deferred tax assets (net) 161 588 Total non-current assets 16394 179.60 Current assets Inventories 121095 298.06 Financial assets ) Trade receivables 39367 53547 (i) Cash and cash equivalents 2377 5654 Other current assets 6681 38283 Total current assats 1,695.20 1.272.90 Total assets 1,859.14 1,452.50 EQUITY AND LIABILITIES Equity Equity share capital 415.66 103.92 Other equity 706.11 853.76 Equity attributable to the owners of the Parent 1121.77 957.68 Non-current liabilities i) Borrowings 76567 - Total non-current assets 76.67 B Finandial iabilities (i) Borrowings (i) Trade payables 386.65 410.52 - total outstanding dues of micro and small enterprises; and . = - total outstanding dues of creditors other than micro and small enterprises 11825 012 (i) Other financial liabilities 391 441 Other current Current tax lia 20.68 572 13121 74.06 Total current liabilities 660.70 494.83 Total equity and fial 1.859.14 1,452.50 Byt he dider & theB LI wax Linfted O QN dorecer) o irector larinderpal Singh S Managing Director DEX DIN-09283654 AVAX LIMITED (Formerly known as Avax Apparels and Ornaments Limited) CIN No:- L14101DL2005PLC137127 REGISTERED OFFICE: 611 6TH FLOOR JAINA TOWER Il DISTT CENTRE JANAK PURI, DELHI, INDIA, 110058 STATEMENT OF UNAUDITED FINANCIALS RESULTS FOR THE HALF YEAR ENDED SEPTEMBER 30, 2026 (Rs.in lacs, except per share data) Particulars For the half year ended Year anded Unaudited Audited September 30, 2026 March 31, 2026 September 30, 2025 March 31, 2026 1_][Income from operations Revene from operations 333634 213278 202037 415315 [Other income - 5 = Total income 333634 2,132.78 2,02037 41535 2_[Expenses [Purchases of stock-in-trade 3918.52] 1,859.93 1,980,66| 3,84059) Changes in inventories 912589) (57.98) 203.50) 261.48) [Employee benefit expense 35.00) 3453 2831 624 Finance costs 2187 1852 520 2772 Depreciation and amortization expense 11.67] 1069 2618 3887 Other expenses 3441 2171 1175 334 [Total expenses 3,108.98 1,887.40 1,854.60 3,742.00 3_|Profit before exceptional & extraordinary items and tax 227.36 245.38 165.77 41115 Excoptional item & - z & 4_|Profit before extraordinary items and tax 22736 24538 165.77 41115 Extraordinary items 5 5 = 5 5_[Profit before tax 22736 245.38 165.77 41115 6 _|Tax [Showing first 8,000 characters — download PDF for full document]