The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Viraaj Pradeep Joshi
Awaiting price reaction for this filing.
Viraaj Pradeep Joshi, who is not part of the promoter/promoter group, has disclosed the sale of 72,000 equity shares (2.1773% of total share capital) of Avi Products India Ltd under SEBI SAST Regulation 29(2). The shares were sold off-market on January 30, 2026. After this transaction, his holding has gone to zero shares (0%), representing a complete exit from the company. The company's total equity share capital remains unchanged at Rs. 3.30 crore divided into 33,06,802 equity shares of Rs. 10 each.
This is a small-cap, low-liquidity stock and a complete exit by a non-promoter holder of about 2.18% is a mildly negative signal for retail sentiment, though the off-market nature limits any direct price impact on the exchanges.