The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sagar Joshi
Awaiting price reaction for this filing.
Sagar Pradeep Joshi, a non-promoter individual shareholder, has sold his entire holding of 52,000 equity shares (1.57% of the total share/voting capital) of Avi Products India Ltd via an off-market transaction on January 28, 2026. The shares carry a face value of Rs. 10 each, and the company's total equity share capital is Rs. 3,30,68,020 divided into 33,06,802 shares. After this sale, Joshi's holding in the company stands reduced to 0 shares (0%). This is a complete exit by a small non-promoter shareholder, with no impact on the company's promoter group or share capital structure.
This is a minor, off-market sale by a non-promoter shareholder exiting fully from a very small position. It is unlikely to have any meaningful impact on the stock price or the company's ownership structure, as the share capital remains unchanged and no promoter-related ownership shifts are involved.