Avax Apparels and Ornaments Ltd — Important, 04-02-2026: Company Update

AVAX Apparels and Ornaments has announced that its members approved an alteration in the company's Memorandum of Association. This change increases the authorized share capital from Rs. 2 crore (20 lakh equity shares of Rs. 10 each) to Rs. 5 crore (50 lakh equity shares of Rs. 10 each). This move provides the company with greater flexibility to raise capital in the future, potentially supporting growth initiatives or expansion plans.