AVRO INDIA LIMITED — Important, 12-12-2024: General Updates

The Board of Directors has approved the amendment of Clause 12 in the Articles of Association, allowing shares to be issued and held in dematerialized form, subject to shareholder approval. Additionally, Mr. Sunil Duggal has been appointed as an Independent Director, effective immediately, pending member approval. An Extraordinary General Meeting is scheduled for January 8, 2025, at 1:00 PM via video conference, to discuss these matters. The company affirms that Mr. Duggal is not disqualified from serving as a director. This could enhance operational flexibility and governance, reflecting positively on the company’s management structure.