2 hours ago
AVI Polymers Limited has informed exchanges that its board will meet on April 27, 2026, to consider a range of key business decisions, including its audited financial results, dividend payout, and a new strategic expansion plan.
In an exchange filing dated April 20, the company said the board will review and approve its audited financial results for the quarter and full financial year ended March 31, 2026, building on what it described as an operational turnaround.
The board will also consider recommending a dividend of up to 50% on the company’s paid-up equity share capital for FY26. The proposed payout, subject to shareholder approval at the upcoming annual general meeting, signals confidence in the company’s profitability and a continued focus on shareholder returns.
Alongside financial decisions, AVI Polymers is set to chart its next phase of growth with a planned entry into the healthcare technology space. The board will evaluate a strategic roadmap and capital allocation plan for this expansion, which will be executed through its subsidiary, AVI AI Technologies.
The move marks a diversification push for the company as it looks to build an AI-led digital ecosystem and tap into high-growth healthcare technology opportunities.
The developments come as companies increasingly explore adjacent sectors and tech-driven models to unlock new revenue streams and future-proof their businesses.
