CCAVENUENSEAvenuesAI LimitedMediumNeutral
Announced Mon, 9 Mar · 16:51 IST

AvenuesAI Limited has informed the Exchange regarding 'Transmission of Shares'.

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

AvenuesAI Limited has informed the exchanges about the transmission of 9,44,694 equity shares held by Late Mr. Subhashchandra R. Amin (a deceased member of the promoter group) to his legal heir, Mr. Vishal Subhashchandra Amin, who is also a member of the promoter group. This follows an earlier intimation dated December 22, 2025. As a result of this transmission, Late Mr. Subhashchandra R. Amin will cease to be part of the promoter group, and the updated shareholding pattern for the quarter ending March 31, 2026 will reflect the change. Since the shares are moving from one promoter group member to another, the total promoter group shareholding remains unchanged.

Likely market impact

This is a routine internal transfer of shares within the promoter group due to the death of a family member, and is not a market-driven transaction. Retail investors should note that there is no change in the overall promoter group shareholding, and no impact on the stock price is expected from this transmission.