Mark Corporate Advisors Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement under Regulations 13(4), 14(3) and 15(2) of The Securities and Exchange ....
Awaiting price reaction for this filing.
Mark Corporate Advisors, acting as Manager to the Offer, has submitted a Detailed Public Statement (DPS) to BSE on February 23, 2026, in connection with an Open Offer to the public shareholders of Avi Products India Limited. The DPS has been published in Business Standard (English and Hindi, All Editions) and Navshakti (Marathi, Mumbai Edition), as required under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This filing indicates that a substantial acquisition or change in control of the listed company is in progress, triggering a mandatory open offer to public shareholders. No offer price or deal size details are disclosed in this particular filing — those would be contained in the DPS itself.
This signals an impending change in control or significant stake acquisition, which typically leads to short-term price volatility. Shareholders should review the DPS for offer price, tendering timeline, and acquirer details before deciding to participate or hold.