Incorporation of Zollner Avalon Private Limited for proposed joint venture

Marquee Jv AnnouncedStrategic Transactions 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

-1.2%Reaction day

₹2025.00

prior close

₹2020.50

announcement price

After-mkt

timing

Nifty Microcap 250market-2.6%+1.4% vs market

Other Electrical Equipment peers, median of 51sector-2.4%+1.2% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 1.2 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

-3.5

10m

-0.8

15m

-0.4

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2-2.6+1.4-2.4+1.2

Next day

-2.4-3.6+1.3-4.0+1.6

-8.4-5.8-2.6-6.4-2.0

-1.2-5.5+4.3-6.3+5.1

+6.9pendingpending-4.6+11.4

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15d

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 51Pending

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

AI summary

Avalon Technologies incorporated Zollner Avalon Private Limited on October 19, 2026. Its authorized capital is INR 200,000. Avalon subscribed 9,800 shares of INR 10 each, initially holding 100% with issued capital of INR 98,000. Under the joint venture agreement, Zollner will subscribe for a 51% stake once conditions are met. It will provide printed circuit board assembly, testing, sourcing, logistics and after-sales services.

Likely market impact

No immediate financial impact is disclosed. The unit may support Avalon's manufacturing growth, but Zollner's 51% investment remains conditional.