Avi Products India Ltd — Important, 23-04-2026: Company Update

Avi Products India Ltd's board, in a meeting held today, approved a significant overhaul of its leadership and governance, driven by a change in control and management. New Executive Directors Mr. Parthh K Mehta (also Chairman) and Mr. Ameya Tandulkar, along with Mr. Bankim Mehta, were appointed. The board also appointed three new Independent Directors. Key management saw new faces with Mr. Nikunj Bharatbhai Gandhi as CFO and Ms. Renu Choudhary as Company Secretary. Additionally, new Internal and Secretarial Auditors were appointed, and the company plans to shift its registered office, pending approvals. This marks a comprehensive change in the company's strategic direction.