Avax Apparels and Ornaments logo

Avax Apparels and Ornaments MD, chairman, board of directors and AGM

BSE: 544337Textiles & ApparelsSmall Cap

Last close ₹52.87down ₹2.78 (5.00%)

Share price at the BSE close on 21 Oct 2026. Previous close ₹55.65.

52-week range of traded prices to 21 Oct 2026
₹21.97Low, 23 Oct 2025₹58.28High, 16 Oct 2026
Market cap
₹44 Cr3,687th largest listed
P/E
14.8
P/B
4.6
Dividend yield
Nonein the last 12 months
ROE
36.7%
ROCE
32.1%
Debt to equity
0.43
Volume, BSE
1,000

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • M/s N K S C & Co.Peer-review certificate valid to Jul 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Avax Apparels and Ornaments AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Avax Apparels and Ornaments share news and announcements

Annual general meeting, 18 Sep 2026

107 shareholders on the register on 11 Sep 2026; present: 3 promoters and 4 others; votes counted by FCS Gaurav Gupta / M/s G Gupta & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the standalone financial statements of the company for the financial year ended March 31, 2026 along with Reports of the Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 54.29% · promoters 99.89% · institutions 0.00% · other public 2.87%

  2. To re-appoint Mr. Harinderpal Singh Sodhi (DIN: 09283654), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 54.29% · promoters 99.89% · institutions 0.00% · other public 2.87%

  3. Approval of change of name of the Company and consequent alteration in the Memorandum of Association and Articles of Association of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 54.29% · promoters 99.89% · institutions 0.00% · other public 2.87%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How money raised was used

Reported for the quarter to Mar 2026.

RaisedAmount raisedForSet asideSpentSpent elsewhereReason and comments
Public IssuesJan 20251.92Working Capital Requirement1.501.50NoAudit committee: The same has been reviewed by Audit committee at their meeting held on May 25, 2026
Public IssuesJan 20251.92General Corporate Purposes0.220.22NoAudit committee: The same has been reviewed by Audit committee at their meeting held on May 25, 2026
Public IssuesJan 20251.92Issue Expenses0.200.20NoAudit committee: The same has been reviewed by Audit committee at their meeting held on May 25, 2026
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.