Avax Apparels and Ornaments Ltd — Important, 25-05-2026: Company Update

Avax Apparels and Ornaments Limited's Board approved the financial results for the half-year and year ended March 31, 2026, which received an unmodified audit opinion. The Board also appointed M/s. Prince Kumar & Associates as Internal Auditor and re-appointed M/s. G Gupta and Associates as Secretarial Auditors for the financial year 2026-27. Total assets stood at ₹14.53 Cr, with profit after tax at ₹0.77 Cr for the half-year and ₹1.83 Cr for the full year. All IPO proceeds, including ₹1.50 Cr for working capital and ₹0.22 Cr for general corporate purposes, have been fully utilized.