Avalon Technologies Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Two promoter disclosures were filed under SEBI SAST Regulations. Promoter Kunhamed Bicha (Managing Director) and promoter Bhaskar Srinivasan (Director) have each declared that they did not create any encumbrance (pledge) on their equity shares during Financial Year 2025-26. Kunhamed Bicha's group holds 21.61% stake (1.44 crore shares), while Bhaskar Srinivasan's group holds 9.39% stake (62.7 lakh shares). Together with their respective PAC entities (family trusts), the total promoter holding covered by these filings is approximately 30% of the company.
No pledge activity means no risk of forced share sales due to margin calls, which is a positive signal for minority shareholders as it indicates the promoters are not financially stressed or leveraging their holdings.