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

Avi Products India's board has undergone a significant shake-up following a change in control and management. The company appointed Parthh K Mehta (Executive Director & Chairman), Ameya Tandulkar (Executive Director), and Bankim Mehta (Non-Executive Director) for five-year terms, alongside three new independent directors. Concurrently, four previous directors resigned. The Chief Financial Officer and Company Secretary roles also saw changes, with new individuals stepping into both positions. New internal and secretarial auditors were approved. The company also plans to shift its registered office from Thane to Mumbai, pending shareholder and other necessary approvals. This widespread change reflects a complete leadership and operational overhaul.