Avalon Technologies Limited — Others, 03-01-2025: Action(s) taken or orders passed

Avalon Technologies Limited has received a Compounding Order from the Regional Director (Southern Region), Ministry of Corporate Affairs, following its voluntary application under the Companies Act, 2013. The order imposes a total compounding fee of INR 1,00,000 (1 cr) on the Company and certain executives for contravening Section 96(1) of the Act. This outcome is expected to have no significant impact on the company’s financial or operational activities other than the payment of the compounding fee. Investors may view this as a neutral development, with minor financial implications but no effect on core operations.