Avax Apparels and Ornaments Ltd — Important, 10-04-2026: Company Update

Avax Apparels And Ornaments Limited's Board has allotted 62,34,948 fully paid-up Bonus Equity Shares with a face value of ₹5 each. This 3:1 bonus issue means shareholders receive three new shares for every one existing share. Following this allotment, the company's paid-up share capital has increased to ₹4.16 Cr, now comprising 83,13,264 equity shares of ₹5 each. This move expands the equity base and rewards existing shareholders by increasing their share count without additional investment, reflecting a capital restructuring.