Avax Apparels and Ornaments Ltd — Important, 15-10-2025: Company Update

Avax Apparels' board has appointed Ms. Shruti Shri Agnihotri as a Non-Executive Independent Director, bringing extensive corporate governance and regulatory compliance expertise. Following input from its Nomination and Remuneration Committee, Mr. Deepak Kumar, spouse of Whole Time Director Ms. Deepika Garg, was appointed as an Executive Director, leveraging his strong finance background and SEBI experience. These appointments, driven by prior director resignations, led to the reconstitution of both the Audit Committee and the Nomination and Remuneration Committee. This move strengthens the company's governance structure with new leadership and diverse perspectives for shareholders.