The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Saroj Kumar Choudhury
Awaiting price reaction for this filing.
Saroj Kumar Choudhury, a non-promoter individual shareholder of Avi Products India Limited, has sold his entire stake of 3,65,030 equity shares, representing 11.04% of the company's share capital. The transaction was executed through an off-market transfer on February 14, 2026. Prior to the sale, he held 11.04% of the voting share capital; after the sale, his holding stands at zero. The company's total equity share capital remains unchanged at 33,06,802 shares of Rs. 10 each.
This is a complete exit by a non-promoter shareholder via off-market route, which means there is no direct impact on stock price or promoter holding. However, the 11.04% stake now changes hands privately, and retail investors should watch for disclosure of the buyer, as a new significant shareholder (above 5%) would require further filings.