Annual Report for the Financial year 2025-2026

AVI PRODUCTS INDIA LIMITED CIN: L68200MH1989PLC473905 Regd. 201 Nivan CTS No. E/751, S. V. Road, Khar (West), Khar Colony, Mumbai - 400052 Tel. No.: 8422820863; Email: compliance@paradigmrealty.co.in; Website: www.aviphoto.in Date:- 27-08-2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001, Maharashtra, India. Script Symbol: APIL| Script Code: 523896| ISIN: INE316O01021 Sub: Submission of Notice of the 37th Annual General Meeting (AGM) and Annual Report for the Financial Year 2025-2026. Dear Sir/ Madam, We wish to inform you that the 37th Annual General Meeting (the ‘AGM’) of the Members of the Company will be held on Thursday, 24th September, 2026 at 12:15 p.m (IST) through Video Conferencing (‘VC’) / Other Audio Visual Means (‘OAVM’). The schedule of remote e-voting facility is set out as under: Event Day, Date, Time Commencement of Remote E-Voting Monday – 21st September, 2026 at 9:00 A.M End of remote E-Voting Wednesday – 23rd September, 2026 at 5:00 Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, we are submitting herewith Annual Report of the Company for the Financial Year ended 31st March, 2026 (FY 2025-2026) comprising of inter-alia, Notice of the 37th Annual General Meeting (AGM) of the Company, Board Report along with its Annexures, Management Discussions & Analysis, Report on Corporate Governance, Business Responsibility Report, Independent Auditor’s Report, Audited Financial Statements and all relevant Notes attached thereto, which are also being sent through electronic mode, only to those Members whose email addresses are registered with the Company/ Depository Participant(s). It may be noted that same has been uploaded on the Company’s website www.aviphoto.in. Kindly take the same on record. Thanking You, For AVI Products India Limited Parthh Kaushik Mehta Chairman & Managing Director DIN: 05251177 AVI PRODUCTS INDIA LIMITED Thirty Seventh Annual Report 2025–26 AVI PRODUCTS INDIA LIMITED ANNUAL REPORT 2025–26 AVI PRODUCTS INDIA LIMITED Thirty Seventh Annual Report 2025–26 CONTENTS REPORT SECTI ONS I STATUTORY REPORTS 1 Notice of Annual General Meeting 2 Director's Report 3 Management Discussion and Analysis Report II FINANCIAL STATEMENTS 1 Independent Auditors Report 2 Balance Sheet 3 Statement of Profit and Loss 4 Statement of Cash Flow 5 Statement of Change in Equity 6 Notes to Financial Statement AVI PRODUCTS INDIA LIMITED Thirty Seventh Annual Report 2025–26 MESSAGE FROM MANAGEMENT Dear Shareholders, It is a pleasure to share AVI PRODUCTS INDIA LIMITED’s performance in Financial Year 2025-26 as we delivered a strong performance despite weak economic sentiments across the globe. We maintain relentless focus on quality and service that has helped us gain the trust and commitment of our clients over the years. We would like to take this opportunity to express our heartfelt gratitude to the Board of Directors, the Management and all our employees for their sincere efforts, relentless focus and enduring commitment towards the growth and success of our organization. It is also time to extend our appreciation for our valued shareholders, customers, and suppliers for constantly supporting and standing by us and motivating us to set new benchmarks. Parthh Kaushik Mehta Chairman & Managing Director AVI PRODUCTS INDIA LIMITED Thirty Seventh Annual Report 2025–26 AVI PRODUCTS INDIA LIMITED (CIN: L68200MH1989PLC473905) Regd Office: 201 Nivan Cts No. E/751, S.V. Road, Opp Poddar International School, Khar West, Mumbai, 400052, Maharashtra, India Phone No: +91 8422820863 Email Id: compliance@paradigmrealty.co.in, Website: www.aviphoto.in Thirty Seventh Annual Report 2025-26 CORPORATE INFORMATION BOARD OF DIRECTORS Directors DIN Designation Mr. Parthh Kaushik Mehta 05251177 Chairman and Managing Director (Appointed on 23rd April, 2026) Mr. Avinash D. Vora 02454059 Director Mr. Vikram A Vora 02454043 Director Mr. Pradeep H. Joshi 02416091 Non-Executive-Independent Director Mrs. Daksha N. Vora 07163666 Non-Executive-Independent Director (Resigned on 23rd April, 2026) Mr. Abhishek Nilesh Vora 09710027 Non-Executive-Independent Director (Resigned on 23rd April, 2026) Mr. Kamlesh Bhagwandas Mehta 10748358 Non-Executive-Independent Director Mr. Saroj Kumar Choudhury Non-Executive 11143083 (Resigned on 23rd April, 2026) Non- Independent Director Mr. Manas Ranjan Palo 01933994 Non-Executive-Independent Director (Resigned on 23rd April, 2026) Mr. Dayashankar Patel 05171043 Non-Executive-Independent Director (Appointed on 23rd April, 2026) Mr. Aditya Soni 08998880 Non-Executive-Independent Director (Appointed on 23rd April, 2026) Mr. Bankim Pranjivan Mehta Non-Executive 09833941 (Appointed on 23rd April, 2026) Non- Independent Director Mr. Ameya Vivek Tandulkar 10570619 Executive Director (Appointed on 23rd April, 2026) Ms. Malvika Jagani 11409166 Non-Executive-Independent Director (Appointed on 23rd April, 2026) AVI PRODUCTS INDIA LIMITED Thirty Seventh Annual Report 2025–26 KEY MANAGERIAL PERSONNELS Name of the KMP Designation Ms. Bijal Yogesh Durgavale Company Secretary and Compliance Officer (Resigned on 28th October, 2025) Ms. Shanu Jain Company Secretary and Compliance Officer (Appointed on 16th January, 2026) Ms. Shanu Jain Company Secretary and Compliance Officer (Resigned on 12th February, 2026) Ms. Shreyana Satyashodhak Koyande Company Secretary and Compliance Officer (Appointed on 12th February, 2026) Ms. Shreyana Satyashodhak Koyande Company Secretary and Compliance Officer (Resigned on 23rd April, 2026) Ms. Renu Choudhary Company Secretary and Compliance Officer (Appointed on 23rd April, 2026) Ms. Hemali Pankaj Patel Chief Financial Officer (Resigned on 23rd April, 2026) Mr. Nikunj Gandhi Chief Financial Officer (Appointed on 23rd April, 2026) STATUTORY AUDITORS SECRETARIAL AUDITOR INTERNAL AUDITOR M/s S A R A & Associates M/s Pooja Gala & Associates M/s K. C. Shrimanker & Associates Chartered Accountants Practicing Company Secretary Chartered Accountant REGISTRAR AND TRANSFER AGENTS MUFG Intime India Pvt. Ltd Address : C 101, 247 Park, L B S Marg, Vikhroli West, Mumbai 400 083 Tel : 22- 49186000 Website : www.in.mpms.mufg.com Email : rnt.helpdesk@in.mpms.mufg.com BANKERS Yes Bank Ltd., Khar West Branch HDFC Bank Ltd., Nehru Road, Vile Parle (East) Branch REGISTERED OFFICE Address : 201 Nivan CTS No. E/751, S.V. Road, Opp Poddar International School, Khar West, Mumbai, Maharashtra, India, 400052 Email : compliance@paradigmrealty.co.in Tel. : +91 8422820863 CORPORATE IDENTITY NUMBER (CIN) L68200MH1989PLC473905 AVI PRODUCTS INDIA LIMITED Thirty Seventh Annual Report 2025–26 NOTICE Notice is hereby given that the 37th Annual General Meeting of the Members of AVI PRODUCTS INDIA LIMITED will be held on 24th day September, 2026 at 12:15 PM (IST), through Video Conferencing/ Other Audio-Visual Means (“VC/ OAVM”) facility, to transact the following business: The proceedings of the Annual General Meeting (“AGM”) shall be deemed to be conducted at the Registered Office of the Company situated at 201 Nivan CTS No. E/751, S.V. Road, Opp Poddar International School, Khar West, Mumbai, Maharashtra, India - 400052 which shall be the deemed venue of the AGM. ORDINARY BUSINESS: 1. To receive, consider and adopt the Standalone Audited Financial Statements of the Company which includes the Audited Balance Sheet as at 31st March, 2026, together with the reports of Board of Directors and Auditor thereon: To consider and if thought fit, to pass the following resolution with or without modification as an ordinary resolution: “RESOLVED THAT the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2026, together with the Reports of the Board of Directors and Auditors thereon and the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2026, together with the [Showing first 8,000 characters — download PDF for full document]