AVRO INDIA LIMITED — Board Meeting, 05-12-2024: Outcome of Board Meeting

The board meeting of AVRO India Limited addressed a proposal to raise funds through the issuance of equity shares and/or other securities via a preferential issue. However, the board could not consider this proposal, and thus, the convening of a general meeting was also not reviewed. The meeting spanned from 01:00 PM to 01:00 AM the following day. This outcome indicates a pause in the company’s fundraising strategies, which may affect future growth plans.