AVRO INDIA LIMITED — Important, 14-04-2025: Updates

The Board of Directors of Avro India Limited has amended and adopted a revised policy concerning the materiality of related party transactions. This revision outlines thresholds for materiality and procedures for handling such transactions, reflecting the company's commitment to mitigate potential conflicts of interest. Significant changes include defining 'material' transactions as those exceeding ₹25 crore or 10% of the annual consolidated turnover. The Audit Committee is tasked with approving these transactions, prioritizing transparency and compliance with applicable regulations. This policy revision reinforces the company's governance framework, promoting accountability in related party dealings. Investors should note this development as it may enhance the overall corporate governance and transparency of Avro India, potentially boosting investor confidence moving forward.