The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sujay P Joshi
Awaiting price reaction for this filing.
Sujay P Joshi, a non-promoter shareholder of Avi Products India Ltd, has disclosed the sale of 52,000 equity shares (1.57% of total voting capital) via an off-market transaction on February 13, 2026. This represents his entire holding, as his shareholding moves from 52,000 shares (1.57%) to zero shares (0%) after the transaction. The filing was submitted to BSE on February 16, 2026 under Regulation 29(2) of the SEBI Takeover Regulations. The company's total equity share capital remains unchanged at Rs. 3,30,68,020 divided into 33,06,802 shares of Rs. 10 each.
This is a complete exit by a small non-promoter shareholder via off-market transfer, with negligible impact on the stock price or overall shareholder structure. Investors should note no promoter or major institutional activity is involved in this disclosure.