Announced Wed, 17 Jun · 15:37 IST
Avantel promoters declare no encumbrance on shares as of 31 Mar 2026
Ownership Changes View source PDF
AVANTEL · price
▲ 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
+3.1%1-day move
₹175.15
prior close
₹176.48
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.4+1.5+1.7+3.1+0.2-1.7-2.8-2.1+2.5+3.0-1.8——
Up moveDown movePending
AI summary
Five promoter-group entities of Avantel - Dr. Abburi Vidyasagar, Abburi Sarada, Abburi Siddhartha Sagar, Abburi Sailaja, and Lakshmee Foundation - have filed SEBI Regulation 31(4) declarations confirming no encumbrance (pledge or lien), directly or indirectly, on their equity shares in the company as on 31 March 2026. This is a routine annual compliance filing required from promoters to certify their shares remain free of any encumbrance.
Likely market impact
Routine compliance filing. Confirms promoter shares carry no pledges. Neutral to mildly positive for investor confidence.