Announced Mon, 26 Oct, 2026 · 18:00 IST
Non-promoter Jhansi Sanivarapu group acquires 6% via preferential allotment
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Jhansi Sanivarapu, acting with PAC Sanivarapu Navya Reddy, was allotted 1.20 million Avudari Engineering shares of Rs 10 each on October 23, 2026 through a preferential allotment. The holding rose from 0% to 5.36% from this acquisition and to 6.00%, covering 1.345 million shares with PACs. The acquirer is not part of the promoter group.
Likely market impact
A non-promoter group now owns 6%, creating a sizeable shareholder with possible voting influence. No promoter purchase or pledge change is reported.