Avax Apparels and Ornaments Ltd — Important, 17-12-2025: Company Update

AVAX Apparels and Ornaments has announced an Extra-Ordinary General Meeting (EGM) on January 12, 2026, at 03:30 PM IST via video conferencing. Shareholders will vote on crucial proposals, including increasing the Authorized Share Capital. The company also seeks approval to issue equity shares through a Rights Issue, and to offer warrants convertible into equity shares on a preferential basis. Further agenda items include issuing equity shares or convertible instruments via private placement, and appointing a Secretarial and Internal Auditor. These actions are pivotal for the company's capital structure and future funding needs.