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.

Read the original filing(PDF)

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