Promoter Bhaskar Srinivasan sells 6 percent stake via block deal

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

AVALON · price

Loading chart…

▲ 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

-1.7%Reaction day

₹2311.00

prior close

₹2297.50

announcement price

In-mkt

timing

Nifty Microcap 250market-1.3%-0.4% vs market

Other Electrical Equipment peers, median of 52sector-0.6%-1.1% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 1.1 pts less 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

-0.2

10m

-0.2

15m

-0.2

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7-1.3-0.4-0.6-1.1

Next day

-1.3-1.3-0.1-1.6+0.2

+3.8+0.0+3.8-0.2+4.1

+4.8-0.2+5.1-0.7+5.5

-0.6-3.0+2.4-3.0+2.4

-0.4-2.7+2.3-3.3+2.9

-1.4-1.7+0.3-1.7+0.3

15d

-13.4-8.9-4.5-10.8-2.6

—————

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 52Pending

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

AI summary

Promoter Bhaskar Srinivasan and two family trusts sold 40,08,705 shares (6.00%) of Avalon Technologies on September 30, 2026 through block deal mechanism. Bhaskar Srinivasan sold 13,36,235 shares (2%), BBS Family Trust sold 13,36,235 (2%), and KBS Family Trust sold 13,36,235 (2%). Combined promoter group holding fell from 15.42% (1,03,11,775 shares) to 9.42% (63,03,070 shares).

Likely market impact

Large block deal cuts promoter stake from 15.42% to 9.42%, which may weigh on investor sentiment and raise governance concerns.