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Avax Apparels and Ornaments LtdUpdates, 27-05-2025: Company Update

27-05-2025 | 01:36 pm

Avax Apparels And Ornaments Limited has clarified that it is not required to disclose related party transactions for the half-year and full-year ended March 31, 2025, as it does not meet the paid-up equity share capital or net worth thresholds that trigger this obligation for SME-listed companies. This exemption reflects the company’s current capital and net worth position, reducing compliance burden without impacting operational reporting, which is relevant information for shareholders monitoring regulatory and governance disclosures.

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