AVRO INDIA LIMITED — Others, 12-12-2024: Change in Director(s)

Avro India Limited has announced a board meeting to discuss key matters, including an amendment to its Articles of Association allowing shares to be issued in dematerialized form, which requires shareholder approval. Additionally, Mr. Sunil Duggal has been appointed as an Independent Director effective today, pending member approval, bringing over 37 years of industry experience. The company will hold an Extraordinary General Meeting (EGM) on January 8, 2025, via video conference to further address these changes. This update suggests a strategic move towards modernization and strengthening governance structures, potentially fostering positive investor sentiment.