AVRO INDIA LIMITED — Important, 28-01-2025: Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvals

Avro India Limited has received in-principle approval from the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) to issue 25,75,320 equity shares and 3,23,450 warrants, which are convertible into the same number of equity shares. The shares, with a face value of Rs. 10 each, will be issued at an issue price of Rs. 185.50 on a preferential basis. This capital raise is expected to enhance liquidity and support the company's growth initiatives, potentially improving investor sentiment. The approval is valid for fifteen days, emphasizing the need for prompt compliance with listing regulations.