ImportantCompany Update
AVI Polymers clarified a misleading news article regarding its operations and promoter shareholding.
AVI Polymers Ltd539288 · Filed with the exchange
The company stated its Registered Office is in Ranchi, not the Ahmedabad location cited, and confirmed normal business operations.
Promoter shareholding percentage declined due to a Rights Issue, not a share sale or divestment, with promoters retaining their original share count.
The company's Authorised Capital stands at ₹100 Cr and Paid-up Capital at ₹94.08 Cr.
Investors are advised to rely on official company filings for accurate information.
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