AVANTELNSEAvantel LimitedLowNeutral
Announced Tue, 7 Apr · 18:59 IST

Abburi Vidyasagar 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.

Ownership Changes View source PDF

AVANTEL · price

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▲ 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
+9.2%1-day move
₹135.70
prior close
₹141.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-1.3-1.1+0.5+9.2+12.0+11.0+13.2+14.6+15.7+9.4+22.3+18.8+34.5
Up moveDown movePending
AI summary

Ms. Abburi Sailaja, along with persons acting in concert (PAC), has submitted a declaration to BSE and NSE confirming that no encumbrance or pledge has been created on their equity shares in Avantel Limited as of March 31, 2026. This is a routine compliance filing under SEBI regulations requiring promoters to disclose their pledge status periodically. The filing is submitted through her authorized signatory, Abburi Vidyasagar, and references ISIN INE005B01027 with scrip code 532406.

Likely market impact

This is a positive disclosure confirming promoters have not pledged their shares, which removes concern about potential share dilution or forced selling pressures from lenders. For shareholders, this indicates the promoter group maintains unencumbered ownership in the company.