Avalon Technologies clarifies proposed stake sale by promoter group

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

AVALON · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.2%Reaction day

₹2306.00

prior close

₹2236.90

announcement price

In-mkt

timing

Nifty Microcap 250market-0.3%+0.5% vs market

Other Electrical Equipment peers, median of 53sector-0.2%+0.5% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.5 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

+0.1

15m

+0.4

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.2-0.3+0.5-0.2+0.5

Next day

-1.5-1.5+0.1-0.7-0.7

-1.1-1.5+0.4-1.7+0.6

+4.1-0.2+4.3-0.1+4.2

+5.1-0.5+5.6-1.3+6.3

-0.3-3.2+2.9-3.3+3.0

+3.2-2.2+5.4-3.5+6.8

15d

-19.6-9.5-10.1-12.0-7.6

-11.1pendingpending-10.0-1.1

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 53Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Avalon Technologies clarified media reports on a proposed stake sale by Mr. Bhaskar Srinivasan's promoter group through a block deal. The company confirmed KBS Family Trust refers to Kavya Bhaskar Srinivasan Family Trust, part of Bhaskar Srinivasan's group, not Mr. Kunhamed Bicha's group, who are not selling. Bhaskar Srinivasan's promoter group holds 15.42% (1.03 crore shares): Bhaskar Srinivasan 9.38%, BBS Family Trust 3.02%, KBS Family Trust 3.02%, Dolphin Family Trust 0.00%.

Likely market impact

Proposed block deal by promoter group may create short-term selling pressure. Investors should watch deal size, price, and timing closely.