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Avax Apparels and Ornaments Ltd

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Corporate Action

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  • Credit Rating
30 April 2025
<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=1px><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> </tr> <tr><td>1</td><td>Name of Company</td><td>Avax Apparels and Ornaments Ltd</td></tr> <tr><td>2</td><td>CIN NO.</td><td>L14101DL2005PLC137127</td></tr> <tr><td>3</td> <td>Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr)</td> <td>0.66</td></tr> <tr><td>4</td><td>Highest Credit Rating during the previous FY </td><td>NA</td></tr> <tr><td>4a</td><td>Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)</td><td>Not Applicable</td></tr> <tr><td>5</td><td>Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the framework</td><td>BSE</td></tr> </table> <br/><br/> <div> <div style=float:left;> We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No</div> <br/><br/><br/> <div style=float:left;> Name of the Company Secretary: SHRUTI JAIN <br/> Designation: COMPANY SECRETARY AND COMPLIANCE OFFICER <br/> EmailId: secretarial@avaxapparels.com</div> <div style=float:left;margin-left:50px;> Name of the Chief Financial Officer: RAJESH SINGLA <br/> Designation: CHIEF FINANCIAL OFFICER <br/> EmailId: finance@avaxapparels.com</div> </div> <div> <br/> Date: 30/04/2025<br/><br/> <b>Note:<b> In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. </div>

About Avax Apparels and Ornaments Ltd

Equity img
Avax Apparels & Ornaments Limited was originally incorporated on June 2, 2005 as a Private Limited Company under the name 'Ethnic Designers Private Limited'' with the Registrar of Companies, Delhi & Haryana. The Company name was changed to 'Avax Soft Technologies Private Limited' dated October 11, 2021 by Registrar of Companies, Delhi. The Company was subsequently converted into a Public Limited C...
ISIN :INE0NQ401016
  • Registered Office

    611 6th Floor Jaina,TowerII Distt Centre Janakpuri

    Contact number

    + +011-4475 0642/+91-9599497767
  • Registrars

    Skyline Financial Services Pvt
    D-153/A 1st Flr Okhla Industrial Are Phase-I New Delhi-110020

    Contact number

    + 91-11-26812682
  • Management

    - (Chairman)

    Harinderpal Singh Sodhi (Director)

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