AVAX APPARELS AND ORNAMENTS LIMITED (formerly known as Avax Soft Technologies Limited) Regd.

Office: 611, 6th Floor, Jaina Tower II, Distt Center, Janak Puri, New Delhi 110058, CIN: L14101DL2005PLC137127; Website: www.avaxapparels.com E-mail: Info@avaxapparels.com; Mobile: 9599497767 BSE - INTERNAL 27th May 2025 To, The Department of Corporate Services, BSE Limited, 20th Floor, P.J.Towers, Dalal Street, Mumbai – 400 001. Scrip Code: 544337 | Scrip Symbol: AVAX | ISIN: INE0NQ401016 Sub: Integrated Filing (Financial) for the Half Year and Year ended 31st March, 2025 of Avax Apparels and Ornaments Limited (“the company”) Dear Sir/ Ma’am, Pursuant to the SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated 31st December, 2024, read with BSE Circular No. 20250102-4 dated 2nd January, 2025, please find enclosed herewith the Integrated Filing (Financial) for the Half Year and Year ended 31st March, 2025 of Avax Apparels and Ornaments Limited (“the company”) as follows: A. The Standalone Audited Financial result for the Half Year and Year ended 31st March, 2025 and Independent Auditors Report thereon.

B. Statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. C. Format for disclosing outstanding default on loans and debt securities-Not Applicable, No Outstanding Default as on 31st March, 2025 D. Format for disclosure of related party transactions- Not Applicable, as on 31st March, 2025 E. Statement on impact of audit qualifications (for audit report with modified opinion) Not Applicable, as on 31st March, 2025. Kindly consider this and take the same on record.

Thanking you, Yours faithfully, For and on behalf of the Board of Directors M/s Avax Apparels And Ornaments Limited Shruti Jain (Company Secretary and Compliance Officer) M. No.: A52018 Enclosed: As mentioned above. ----------------Page (0) Break---------------- NKSC & Co. Chartered Accountants Unit no. 9, Third Floor, Pearls Omaxe Tower, Netaji Subhash Palace, Pitampura, Delhi – 110034 www.nksc.in info@nksc.in 011 – 4566 0694 Independent Auditor’s Report on Standalone Annual Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Avax Apparels and Ornaments Limited Opinion 1. We have audited the accompanying annual financial results (‘the Statement’) of Avax Apparels and Ornaments Limited (‘the Company’) for the year ended 31 March 2025, attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (‘Listing Regulations’). 2. In our opinion and to the best of our information and according to the explanations given to us, the Statement: (i) presents financial results in accordance with the requirements of Regulation 33 of the Listing Regulations, and (ii) gives a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards (‘Ind AS’) specified under section 133 of the Companies Act, 2013 (‘the Act’), read with the Companies (Indian Accounting Standards) Rules, 2015, and other accounting principles generally accepted in India, of the net profit after tax and other comprehensive income and other financial information of the Company for the year ended 31 March 2025. Basis for Opinion 3. We conducted our audit in accordance with the Standards on Auditing specified under section 143(10) of the Act.

Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Statement section of our report.

We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (‘the ICAI’) together with the ethical requirements that are relevant to our audit of the financial results under the provisions of the Act and the rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics.

We believe that the audit evidence obtained by us, is sufficient and appropriate to provide a basis for our opinion. ----------------Page (1) Break---------------- NKSC & Co. Chartered Accountants Unit no. 9, Third Floor, Pearls Omaxe Tower, Netaji Subhash Palace, Pitampura, Delhi – 110034 www.nksc.in info@nksc.in 011 – 4566 0694 Responsibilities of Management and Those Charged with Governance for the Statement 4. This Statement has been prepared on the basis of the standalone annual financial statements and has been approved by the Company's Board of Directors.

The Company’s Board of Directors is responsible for the preparation and presentation of the Statement that gives a true and fair view of the net profit/loss and other comprehensive income and other financial information of the Company in accordance with the Ind AS specified under section 133 of the Act, read with the Companies (Indian Accounting Standards) Rules, 2015 and other accounting principles generally accepted in India, and in compliance with Regulation 33 of the Listing Regulations.

This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that gives a true and fair view and is free from material misstatement, whether due to fraud or error.

5. In preparing the Statement, the Board of Directors is responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern, and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

6. The Board of Directors is also responsible for overseeing the Company’s financial reporting process.

Auditor’s Responsibilities for the Audit of the Statement 7. Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion.

Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with Standards on Auditing, specified under section 143(10) of the Act, will always detect a material misstatement when it exists.

Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this Statement.

8. As part of an audit in accordance with the Standards on Auditing, specified under section 143(10) of the Act, we exercise professional judgment and maintain professional skepticism throughout the audit.

We also:  Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion.

The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from ----------------Page (2) Break---------------- NKSC & Co. Chartered Accountants Unit no. 9, Third Floor, Pearls Omaxe Tower, Netaji Subhash Palace, Pitampura, Delhi – 110034 www.nksc.in info@nksc.in 011 – 4566 0694 error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control;  Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances.

Under section 143(3) (i) of the Act, we are also responsible for expressing our opinion on whether the Company has in place an adequate internal financial control with reference to financial statements and the operating effectiveness of such controls;  Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors;  Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern.

If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion.

Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report.

However, future events or conditions may cause the Company to cease to continue as a going concern; and  Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves fair presentation.

9. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

10. We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards. ----------------Page (3) Break---------------- NKSC & Co. Chartered Accountants Unit no. 9, Third Floor, Pearls Omaxe Tower, Netaji Subhash Palace, Pitampura, Delhi – 110034 www.nksc.in info@nksc.in 011 – 4566 0694 Other Matter 11. a) The Statement includes the results for the half year ended March 31, 2025, being the balancing figure between audited figures in respect of full financial year and the published unaudited year to date figures up to the half year of the current financial year which were subject to limited review by us. b) The financial statements of the Company for the year ended March 31, 2024 were audited by another firm of Chartered Accountants who vide their report date June 28, 2024, expressed an unmodified opinion on those statements.

For NKSC & Co. Chartered Accountants ICAI Firm Registration No.: 020076N ____________________ Priyank Goyal Partner Membership No.: 521986 UDIN No. 25521986BMNYPX7615 Place: New Delhi Date: May 23, 2025 ----------------Page (4) Break---------------- Avax Apparels and Ormaments Limited CIN No:- L14101DL2005PLC137127 Registered and Corporate Office: 611 6TH FLOOR JAINA TOWER Il DISTT CENTRE JANAK PURI, Delhi, In STATEMENT OF AUDITED ASSETS AND LIABILITIES AS AT MARCH 31, 2025 (Re.in lacs, except per share data) Aeat Aeat Particulars March 31, 2025 March 31, 2024 Audited Audited” asseTs Non-current assets Property,plant and equipment 6227 [ ntangible assets 045 029 Finandialassets © Other financal sssets 022 022 Deferred tax assets (net) 338 053 Total non-current assets 8632 9567 Current sssets nventories 3658 wase Financalassets 0 Trade receivables 67530 30636 ) Cash and cash equivalents T678 2558 Other current assts 384 7216 Total current assets 74250 38894 Total sssets 7881 o) EQUITY AND LIABILITIES Equity Eauity share capital 0352 652 Other equity 557,03 23817 Equity attributable to the owners of the Parent 660.95 31469 Current liabiitier Finandial Tabiltes 0 Borrowings G635 7150 ) Trade payables ~total outstanding dues of miro and small enterprises; and - B total outstanding dues of creditors fher than micro and small nferprises a5t 3510 ) Other financil labilties 1189 = Other current labilties Ts7 255 Current tax abilties (net) 4655 677 Total current labilities 26787 6592 Total equity and Fabilties 92882 aa By the order of t#} Board! wis Afl:, and ;v mited Harirderpal Singh Sodhi Managing Director DIN-09283654 ----------------Page (5) Break---------------- Avax Apparels and Ornaments Limited CIN No:- L14101D12005PLC137127 Registered and Corporate Office: 611 6TH FLOOR JAINA TOWER Il DISTT CENTRE JANAK PUR, Delhi, India, 110058 STATEMENT OF AUDITED FINANCIALS RESULTS FOR THE YEAR ENDED MARCH 31, 2025 (Rs.n lacs, except per share data) Pay For the half year ended Year ended Unaudited Unau Audited March 31,2025 | September 30,2024 | _March 31,2025 March 31, 2024 1_[income from operations Revenue from operations 193493 150093 343586 2.205.98 [Other income 978 - 978 - Total income 1.944.71 1.500.93 344564 2,205.98 2 |Expenses Cost of material consumed 895 12595 134.90) - Purchases of stock-in-trade 156492 133875 2,903.67) 1,923.50] [Changes in inventories 18091 (172.95)] 7.96] 17.17] Employee benefit expense 3237 3556 67.93 37.0§ Finance costs 1056] 482 15.38) 6565 Depreciation and amortization expense 1787 1443 3235 933 Other expenses 27, 2842 55.42) 18.15] Total expenses 1,842.58 1,375.03 3.217.61 2,011.88 3 |Profit before exceptional & extraordinary items and tax 10213 125.50 228.03 19410 Exceptional item 5 = 3 5 4_|Profit before extraordinary items and tax 10213 125.90 22803 194.10 Extraordinary items 3 5 % N 5_|Profit before tax 10213 125.90 22803 194.10 6| Tax expense: Current tax 3039 3731 67.70 56.18 Deferred tax expense / (benefit) ©82) @03) @85) ©28) [ Total tax expense 29.57 35.28 64.85 55.90 7_|Profit after tax 7256 9062 16318 13820 8_|Other comprehensive Income Items that will not be reclassified to profit - - - - - Remeasurement of defined benefit plans - - - - - Income tax relating to these items 9_|Profit for the period/year 72.56 90.62 16318 138.20 10_|Earnings per equity share” Basic 879 1184 1977 1806 -Diluted 879 1184 1977 18.06 * Earnings per share for the half year ended have not been annualised By the order pf the Bpard M/]vix r-l\xjnd mu.fiu Ha derpal Singh Sodhi Managing Director DIN-09283654 ----------------Page (6) Break---------------- Avax Apparels and Ornaments Limited CIN No:- L14101DL2005PLC137127 Registered and Corporate Office: 611 6TH FLOOR JAINA TOWER I DISTT CENTRE JANAK PURI, Delhi, India, 110058 AUDITED STATEMENT OF CASH FLOW FOR THE YEAR ENDED MARCH 31, 2025 (Rs.in lacs, except per share data) R For the year ended March 31,2025 March 31,2024 Audited Audited Cash flow from Operating Activities Net Profit before tax from : Continuing operations 22803 19410 Discontinued operations - - Profit before income tax including discontinued operation 22803 9410 Adjustment for: Depreciation and amortisation expense 3235 935 Finance costs 1018 270 Operating profit before working capital changes 270.58 206,15 Movements in working capital Inventories 796 1717 Trade receivables 369.03) (95.33) Other financial assets - 0719 Other current assets (159) 190) Other non current asset - 1098 Trade payables 10241 (105.66) (Other financial 189 3 Other non-finandial labilties ©97) 221 Cash flow generated from operations BEH 3447 Less: Income tax paid (net of refunds) 7193 @a77) Net Cash flow generated/(used in) from Operating Activities (Al (56.80) - m Cash flow from Investing Activities Proceeds from/(payments for) PPE and intangible assets 020.15) ©652) Net Cash used in Investing Activities (8) (120.15) (86.52)] Cash Flow from Financing Activities Payment to/Proceeds from borrowings (515) 750 . Issue of equity shares 1868 - Finance costs (10.18) @70 Security premium of equity shares 16440 2 [Bonus shares issued % E Net Cash generated from Financing Activities (C) 167.75 68.80 Net decrease in Cash and Cash Equivalents (A+B+C) 920 .02) Cash and cash equivalents at the beginning of the period/year 2598 3400 Balance at the end of the period 1678 2538 Components of cash and cash equivalents Balances with banks - on current account 1632 231 |Cash on hand 046 367 [Cash and bank balances at end of the year 1678 2598 By the order of th Board M/s Ayayf Apparelf and s\ mited Harinflerpal Singh Sodhi Managing Director DIN-09283654 ----------------Page (7) Break---------------- Avax Apparels and Ormaments Limited CIN No:- L14101DL200SPLCT37127 Registered and Corporate Office: 611 6TH FLOOR JAINA TOWER If DISTT CENTRE JANAK PURI, Delhi, India, 110058 AUDITED FINANCIAL RESULTS FOR THE HALF YEARLY AND YEAR ENDED MARCH 31, 2025 SEGMENT REVENUE, RESULT, ASSETS AND LIABILITIES.

(Rs.in lacs, except per share data) For the half year ended Year ended Particulars Unaudited Unaudited Audited March 31,2025 | September 30,2024 | _March 31, 2025 March 31,2024 [Segment Revenue Knitted dothes 1.93464 149987 343451 212618 Ornaments 029 106 135 7980 Others - - - - Total 193493 15003 3435.86 220598 Segment Result - Continuing Knitted clothes 18120 20812 38932| - 22700 Ormaments 1.06) 106 - 3831 Others - - S o Total 18014 20918 38932 26531 Less: Unallocated expenses 723 7845 15569 6456 10291 1072 23363 20075 Add: Other income 978 - 978 - Less: Finance costs 1056 a8 1538 665 [Profit before exceptional items 10213 12590 22803 19410 [Add : Exceptional items 5 g g o Profit before tax 10213 12530 22803 19410 Tax expense 2057 3528 6485 5590 Profit from continuing operations 7256 9062 16318 13820 Loss from discontinued operations (after tax) 5 : 3 2 Profit including discontinued operations 7256 9062 16318 13820 Other Comprehensive Income - - - - Total Comprehensive Income 7256 9062 1638 13820 (Comprising Profit/(loss) and Other comprehensive Income) Segment Assets Knitted clothes 7042 96055 7042 34886 Omaments 145 156 145 194 Unallocated 21694 12698 21694 13381 Total s28.82 1,089.09 92882 48461 Segment Liabi Knitted clothes 14151 51283 14151 3910 Omaments B : g 3 Unallocated 12636 17086 12636 13082 Total 26787 683.79 267.87 16992 DIN-09283654. ----------------Page (8) Break---------------- Avax Apparels and Ornaments Limited CIN No: L14101DL2005PLC137127 Registered and Corporate Office: 611 6TH FLOOR JAINA TOWER i DISTT CENTRE, JANAK PURI, Delhi, India, 110058 Notes to the audited Financial Results for the year ended March 31, 2025 1. The above results have been reviewed and recommended by the Audit Committee and approved by the Board at their meetings held on May 23, 2025. 2. The financial results have been prepared in accordance with the Indian Accounting Standards (‘Ind AS’) as prescribed under section 133 of the Companies Act, 2013 (“the Act”) read with relevant rules thereunder and in terms of regulation 33 of the SEBI (listing obligation and disclosure requirements) Regulations, 2015 (as amended). 3. During the year ended March 31, 2025 pursuant to initial public offering (IPO) 2,74,000 equity shares of Rs. 10 each were allotted to public at a premium of Rs. 60 per share.

The shares were listed at BSE on January 14, 2025, pursuant to IPO.

The details of the utilization of IPO proceed till March 31, 2025 is as under: Objects Amount Utilised till March 31, Remarks (in lakhs) | 2025 (in lakhs) Working Capital Requirement 150.00 150.00 No Deviation General Corporate Purposes 21.80 18.08 Pending utilization the amounts Jssue Expenses 20.00 872 have been parked in the Current account of the company.

4. In accordance with Ind AS-108 "Operating Segments" and based on "Management Evaluation", the Chief Operating Decision Maker ("CODM") evaluates the Group's performance and allocates resources based on the analysis of various performance indicators of business segments.

Accordingly, information has been presented along these business segments.

The accounting principles used in preparation of consolidated financial results are consistently applied to compute the revenue and results of reportable segments.

5. The basic and diluted earnings per share have been calculated in accordance with the Indian Accounting Standard -33 "Earnings Per Share”. 6. The figures for the half year ended March 31, 2025 are the balancing figures between audited figures in respect of full financial year and the unaudited management figures for the half year ended September 30, 2024 in these financial results.

7. Figures for the previous periods have been regrouped/reclassified wherever necessary to conform to the current period's classification.

By the order of the Board pardls awms Limited Harinderpal Singh Sodhi Managing Director DIN-09283654 Place: DELHI Date: May 23, 2025 ----------------Page (9) Break---------------- AVAX APPARELS AND ORNAMENTS LIMITED (formerly known as Avax Soft Technologies Limited) \ E-mai Regd.

Office: 611, 6th Floor, Jaina Tower II, Distt Center, Janak Puri, New Delhi 110058, CIN: L14101DL2005PLC137127; Website: www.avaxapparels.com nfo@avaxapparels.com; Mobile: 9599497767 Annexure - A Statement on Deviation or Variation for proceeds of Public Issue Name of listed entity Avax Apparels And Ornaments Limited Mode of Fund Raising Public Issues (Initial Public Offer) Date of Raising Funds 10-01-2025 Amount Raised Rs. 191.80 Lakhs Report filed for Quarter/half year ended | 31-03-2025 Monitoring Agency Not applicable Monitoring Agency Name, if applicable Not applicable Is there a Deviation / Variation in use of funds raised No If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders Not applicable If Yes, Date of shareholder Approval Not applicable Explanation for the Deviation / Variation Not applicable Comments of the Audit Committee after review The same has been reviewed by Audit committee at their meeting held on 23w May, 2025 Comments of the auditors, if any None Objects for which funds have been raised and where there has been a deviation, in the ollowing table: Amount (In ¥ Lakh) Amount of o Deviation/V s | originar | Modified | P8 | Modifiea | | ariationfor [ o r.| Object | OPECH | pygcqe | llocation | oy oy | the period | T T g jec if any i ,if any according to y on d applicable object 1. [ Working Capital NA | 150.00 NIL 150.00 NIL NoJ Requireme Deviation nt 2. | General Corporate NA 21.80 NIL 18.08 NIL pos Sor Deviation rposes B [JRi==ce NA 20.00 NIL 08.72 NIL No Expenses Deviation Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed or () Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc For and on behalf of the Board of Directors els|\And\Ornaments Limited M/s Avax App| Harind¢rpal Singh Sodhi (Managing Director) DIN: 09283654 ----------------Page (10) Break---------------- AVAX APPARELS AND ORNAMENTS LIMITED {formerly known as Avax Soft Technologies Limited) Regd, Office: 611, 6th Floor, Jaina Tower [I, Distt Center, Janak Puri, New Delhi 110058, CIN: L14101DL2005SPLC137127; Website: www.avaxapparels.com E-mail: Infoaavaxapparels.com; Mobile: 9599497767 23+ May 2025 To.

The Department of Carporate Services, BSE Limited, 20" Floor, P.J Towers, Dalal Street, Mumbai - 400 001 Serip Code: 544337 | Serip Symbol: AVAX | ISIN: INEONQ401016 Dear Sir/ Ma'am, Pursuant to Regulation 33(3)id) of the SEBI (Lis Requirements) Regulations, 2015 as amended from ti declare that, M/s. NKSC & Co., Chartered Accountants, have issued an Audit Report with Unmodified Results of the Company for half year and year ended on Marc Kindly consider this and take the same on record.

Thanking you, Yours faithfully, E’.Tfi.&fi m:--u;mma Haringlerpal Singh Sodhi Managing Director] IN: 09283654 ----------------Page (11) Break----------------