AVI Products India Limited: Sujay P. Joshi Sells Entire 52,000 Share Stake in Off-Market Transaction

AVI Products India Limited has filed a mandatory disclosure with BSE Limited regarding the complete divestment of shares by Mr. Sujay P. Joshi, who sold his entire equity stake in the company through an off-market transaction. Transaction Details The share sale transaction was executed on February 13, 2026, with the formal disclosure submitted to the stock exchange on February 16, 2026. The disclosure was made in accordance with Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Transaction Parameter: Details Seller: Sujay P. Joshi Shares Sold: 52,000 equity shares Previous Holding: 15.7% Current Holding: Nil Transaction Date: February 13, 2026 Transaction Mode: Off-Market Exchange: BSE Regulatory Compliance The company's Managing Director, Avinash D. Vora (DIN: 02454059), submitted the required Form C disclosure to BSE Limited. The filing includes comprehensive details of the shareholding change as mandated under the continual disclosure requirements for insider trading regulations. Mr. Sujay P. Joshi, categorized as "Others" under the SEBI regulations, was required to intimate the company about his share disposal. His contact details on record show a Mumbai address at Vile Parle West, and he has been identified with PAN number ADGP6942H. Company Information AVI Products India Limited, incorporated in 1989 with CIN L24200MH1989PLC050913, operates from its registered office in Vasai (East), Palghar district. The company trades on BSE under scrip code 523896 and has ISIN INE316001021. Impact on Shareholding Structure The complete exit of Mr. Joshi represents a significant change in the company's shareholding pattern, as his 15.7% stake constituted a substantial portion of the equity base. The off-market nature of the transaction suggests a private arrangement between parties, though specific details about the buyer and transaction value were not disclosed in the regulatory filing. The disclosure confirms that no derivative trading was involved in this transaction, with the derivatives section of Form C showing nil entries across all contract specifications. AVI Products India Limited has received a disclosure regarding a significant stake divestment by investor Saroj Kumar Choudhury. The transaction, completed through an off-market sale, represents a complete exit by the investor from his shareholding in the company. Transaction Details The divestment involved the complete sale of Choudhury's equity holding in the company. The key parameters of this transaction are outlined below: Parameter: Details Transaction Date: February 14, 2026 Mode of Sale: Off-Market Shares Sold: 3,65,030 equity shares Percentage Divested: 11.04% Investor Category: Non-Promoter Shareholding Analysis The transaction resulted in a complete exit by Saroj Kumar Choudhury from his investment in AVI Products India Limited. The comparative shareholding position demonstrates the extent of this divestment: Holding Period: Number of Shares Percentage Holding Voting Capital % Before Transaction: 3,65,030 11.04% 11.04% Shares Sold: 3,65,030 11.04% 11.04% After Transaction: 0 0.00% 0.00% Company Capital Structure The company's equity share capital structure remained unchanged following this transaction. AVI Products India Limited maintains its total equity base of 33,06,802 equity shares, each carrying a face value of ₹10, representing a total equity capital of ₹3,30,68,020. Regulatory Compliance This disclosure was submitted under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was made to BSE Limited, where the company's shares are listed under the code 523896. Saroj Kumar Choudhury, residing in Noida, Uttar Pradesh, submitted the required documentation on February 16, 2026, maintaining compliance with regulatory requirements for substantial shareholding changes. 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 platform built for super traders and long term investors.