Aveer Foods gets trading approval for 226087 shares

Aveer Foods has secured trading approval from BSE Limited for 226087 equity shares allotted to a person belonging to the promoter group. The approval was granted vide the exchange's letter dated May 12, 2026, with reference number LOD / PREF / SV / 169/ 2026-2027. The allotment was made on a preferential basis pursuant to the conversion of warrants.

The equity shares carry a face value of ₹10 each and have been allotted to Mr. Vishal Rajkumar Chordia. The shares bear distinctive numbers ranging from 4264340 to 4490426 and are identified by the ISIN INE09BN01011. The issuance follows the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015.

Details of Allotment

The following table outlines the key particulars of the share allotment and trading approval:

Particulars Details Number of Equity Shares 2,26,087 Face value per share ₹10 each Allottee Mr. Vishal Rajkumar Chordia Basis of Issue Preferential allotment (Conversion of warrants) Trading approval date May 12, 2026 ISIN INE09BN01011 Distinctive nos. 4264340- 4490426

The securities are scheduled to be listed and admitted to dealings on the BSE Ltd with effect from May 13, 2026. The company has confirmed that the necessary intimation has been filed with the exchange for its information and records.

Aveer Foods Limited has formally declared to the Bombay Stock Exchange that it does not qualify as a Large Corporate under the Securities and Exchange Board of India's regulatory framework. The company submitted this declaration on April 15, 2026, through its Company Secretary and Compliance Officer Ms. Tejashree Wagholikar.

Regulatory Framework Reference

The declaration references multiple SEBI circulars that establish the Large Corporate framework for debt securities issuance. The primary circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, addresses fund raising by issuance of debt securities by large entities. This is supplemented by operational circular SEBI/HO/ODHS/CIR/2021/613 dated August 10, 2021, which was updated on April 13, 2022.

Regulatory Details: Information Primary Circular: SEBI/HO/DDHS/CIR/P/2018/144 Date: November 26, 2018 Operational Circular: SEBI/HO/ODHS/CIR/2021/613 Last Update: April 13, 2022 Latest Circular: SEBI/HO/DDHS-PoD/P/CIR/2025/000000137 Recent Update: May 22, 2024

Compliance Implications

By declaring its non-qualification as a Large Corporate, Aveer Foods Limited is exempt from specific disclosure requirements mandated under the SEBI framework. The company is not required to make initial disclosure and annual disclosure as specified in the aforementioned circulars. This classification affects the company's regulatory obligations regarding debt securities issuance and related compliance requirements.

Corporate Information

Aveer Foods Limited operates with its registered and corporate office located at Plot 55/A/5 6, Hadapsar Industrial Estate, Near Tata Honeywell, Pune. The company maintains manufacturing facilities at two locations: Plot No. 399 & 400, Village Sanghvi, Taluka Khandala, District Satara, and Plot No. 545/546 Belur Industrial Area, Village Mumigatti, Dharwad.

Official Communication

The formal declaration was submitted to BSE under reference number AFL/SEC/BSE/183/2025-2026. Ms. Tejashree Wagholikar, holding membership number 39767, signed the communication in her capacity as Company Secretary and Compliance Officer. The company has requested BSE to update its records accordingly to reflect this regulatory status.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation.

We plan to change that - a technology-led and artificial intelligence enabled platform built for super traders and long term investors.

Disclaimer:

The data and information provided on this website is for general informational and research purposes only. While we strive to ensure that the content is accurate, up-to-date, and reliable, this platform utilizes artificial intelligence (AI) tools to generate, curate, and summarize information. As such, the content may occasionally contain errors, omissions, or outdated information. All users are therefore advised to cross verify the source of the data and information.

This website does not constitute professional, legal, financial, medical, or any other form of licensed advice. Users are encouraged to independently verify any information before relying on it, especially for decisions that may have legal, financial, or personal consequences.

The views, analyses, and summaries presented on this platform may be generated or assisted by AI and do not necessarily reflect the opinions of the website owners, operators, editors, or affiliates.

We make no warranties or representations, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information contained on this website. Any reliance you place on such information is strictly at your own risk.

This website may include links to third-party sources or content. We do not control or endorse the nature, accuracy, or availability of those external sites and are not responsible for any content or damages arising from their use.

By using this website, you acknowledge and agree that the use of AI-generated content involves inherent limitations, uncertainties and inaccuracies, and you accept full responsibility for how you interpret and use the information provided.

We reserve the right to modify, update, or remove content and this disclaimer at any time without prior notice.