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Incorporated in 1998, Net Avenue Technologies Limited is engaged in online digital direct-to-consumer business for Indian Ethnic wear and accessories.
Net Avenue Tech Board proposes remuneration up to ₹0.1 Cr/month each for CMD & WTD, subject to shareholder approval at the upcoming AGM. This compensation aligns with previously approved limits, indicating no new financial burden.
Net Avenue Technologies is directed by court order to pay Fasttrack Logistics Rs 13.93 lakh, plus 18% interest on Rs 9.16 lakh from April 2018, and suit costs. Total payment implications are over 27 lakh.
Net Avenue Technologies incorporated ETHNOVOG INTERNATIONAL INC, a 100% owned US subsidiary in the Apparels sector, with $1000 share capital. This development positions the company for US market operations.
Net Avenue Technologies Ltd submitted the Scrutinizer Report for its Annual General Meeting. This report formally documents the voting results from the AGM, completing the post-meeting procedural requirements.
Net Avenue Technologies' Board approved incorporating a 100% US subsidiary in the apparel sector. This strategic move, with $1000 share capital, expands the company's international reach, signaling growth in its core business.