Updates
Company Update
Avi Products India Ltd523896 · Filed with the exchange
AVI Products India Limited has confirmed that disclosure of Related Party Transactions is not applicable due to its paid-up equity share capital of Rs. 3.31 Cr and net worth of Rs. 7.04 Cr, both below the regulatory thresholds of Rs. 10 Cr and Rs. 25 Cr respectively.
This means the company is exempt from submitting related party transaction disclosures, simplifying compliance and reflecting its smaller scale relative to regulatory requirements.
This update provides clarity on the company’s reporting obligations, important for shareholders monitoring governance and disclosure practices.
No comments yet. Be the first.