Promoter Bhaskar Srinivasan sells 6% 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 reaction · full curve 14 horizons · vs prior close

-1.3%1-day move

₹2311.00

prior close

₹2253.00

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.7+0.9+0.5+0.1-1.3+3.8+4.8-0.6——————

Up moveDown movePending

AI summary

Promoter Bhaskar Srinivasan, along with BBS Family Trust and KBS Family Trust, sold 40,08,705 shares (6% total stake) of Avalon Technologies via block deal on September 30, 2026. Each entity sold 2%. Combined promoter group holding fell from 15.42% to 9.42%. No encumbrance or pledge involved. Bhaskar Srinivasan's individual stake dropped from 9.38% to 7.38%.

Likely market impact

Promoter group holding reduced from 15.42% to 9.42% via block deal. Signals promoter exit; may weigh on stock sentiment.