AVGBSEAVG Logistics LtdMediumNeutral
Announced Mon, 15 Jun · 14:56 IST

Sixth Sense India Opportunities IV acquires 16.44% stake in AVG Logistics

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

AVG · 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
-4.1%1-day move
₹178.40
prior close
₹169.81
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2+0.5+0.1+0.5-4.1-1.1+0.5+2.5+5.7+1.2+14.5+13.7
Up moveDown movePending
AI summary

Sixth Sense India Opportunities IV (a Category II AIF) along with PACs — Nikhil Vora, IYA Ventures, Nikhil Vora HUF and Nimisha Nagarsekar — acquired 30,76,264 equity shares (16.44%) of AVG Logistics Ltd via rights issue and open market purchase on June 11, 2026. Their aggregate holding rose from 2.38% to 18.36%. The acquirer is not part of the promoter group. Disclosure filed under SEBI SAST Regulation 29(1).

Likely market impact

Non-promoter AIF group now holds 18.36%, approaching the 25% open-offer trigger. May invite creeping acquisition concerns or further stake buildup.