AVRO INDIA LIMITED — Others, 12-12-2024: Amendment to AOA/MOA

Avro India Limited's Board has considered several significant updates, including an amendment to its Articles of Association permitting shares to be issued in dematerialized form, subject to shareholder approval. Additionally, Mr. Sunil Duggal has been appointed as an Additional Independent Director, effective immediately, pending member approval. An Extraordinary General Meeting (EGM) is scheduled for January 8, 2025, to address these matters. This reorganization signals a strategic shift toward adopting modern share practices and governance structures, potentially enhancing corporate flexibility and investor engagement, which could foster a positive outlook among shareholders.