The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ramesh Chandra Mishra & PAC
Awaiting price reaction for this filing.
Ramesh Chandra Mishra and Sumita Mishra (Persons Acting in Concert, non-promoters) have sold their entire stake of 7,16,750 equity shares (21.67%) in Avi Products India Limited through off-market transactions. Ramesh Chandra Mishra sold 4,66,750 shares (14.11%) on February 12, 2026, and Sumita Mishra sold 2,50,000 shares (7.56%) on February 13, 2026. After the sale, their collective holding stands reduced to 0% from the earlier 21.67%. The total share capital of the company remains unchanged at 33,06,802 equity shares of Rs. 10 each. The filings have been made in compliance with SEBI takeover regulations due to the size of the transaction crossing disclosure thresholds.
This is a complete exit by a significant non-promoter shareholder group (21.67% stake) through off-market deals, which could indicate a change in ownership pattern. Retail investors should watch for any new shareholder disclosures or changes in the company's control structure that may follow this large block transfer.