AVI Products India: Promoter Group Member Daksha Vora Sells Complete 4.76% Stake for ₹51.92 Lakh

AVI Products India Limited has announced a significant shareholding change following the complete divestment by a promoter group member. Mrs. Daksha Avinash Vora has sold her entire equity stake in the company through an open market transaction on the BSE.

Transaction Details

The sale represents a complete exit by Mrs. Daksha Avinash Vora from her equity position in AVI Products India Limited. The transaction details are presented below:

Parameter: Details Seller: Mrs. Daksha Avinash Vora (Promoter Group) Shares Sold: 1,57,340 equity shares Shareholding Percentage: 4.76% Transaction Value: ₹51,92,220 Transaction Date: April 10, 2026 Exchange: BSE Mode of Sale: Open Offer through Sale Purchase Agreement

Shareholding Impact

Prior to this transaction, Mrs. Daksha Avinash Vora held 1,57,340 equity shares representing 4.76% of the company's total shareholding. Following the complete sale of her holdings, her shareholding in AVI Products India Limited has been reduced to nil.

Shareholding Status: Before Transaction After Transaction Number of Shares: 1,57,340 Nil Percentage Holding: 4.76% 0.00% Category: Promoter Group -

Regulatory Compliance

The disclosure has been made in accordance with Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. AVI Products India Limited submitted the required Form C disclosure to BSE Limited on April 14, 2026, following the receipt of intimation from Mrs. Daksha Avinash Vora on the same date.

Company Information

AVI Products India Limited, incorporated with CIN L24200MH1989PLC050913, is headquartered at Navghar, Vasai (East), District Palghar. The company's shares are listed on BSE under scrip code 523896 with ISIN INE316O01021. The disclosure was signed by Managing Director Avinash Dhirajlal Vora (DIN: 02454059) on behalf of the company.

AVI Products India Limited has disclosed the complete divestment of shareholding by promoter group member Vikram Avinash Vora, marking a significant change in the company's ownership structure. The transaction was executed through an open offer mechanism on BSE, with the company fulfilling its regulatory disclosure obligations under SEBI insider trading regulations.

Transaction Details

The share sale transaction involved substantial volumes and value, representing a complete exit by the promoter group member:

Parameter: Details Shares Sold: 1,92,563 equity shares Shareholding Percentage: 5.82% Transaction Value: ₹63,54,579 Transaction Date: April 10, 2026 Exchange: BSE

Shareholding Changes

The transaction resulted in a complete change in Vora's ownership position in the company:

Position: Before Transaction After Transaction Equity Shares: 1,92,563 shares Nil Percentage Holding: 5.82% 0% Category: Promoter Group Former Promoter Group

Regulatory Compliance

AVI Products India Limited made the disclosure in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The company submitted Form C to BSE Limited on April 14, 2026, detailing the transaction executed on April 10, 2026. The disclosure was signed by Managing Director Avinash Dhirajlal Vora (DIN: 02454059) on behalf of the company.

Transaction Mechanism

The shares were sold through an open offer mechanism via a sale purchase agreement, providing transparency in the transaction process. The sale was executed on BSE, ensuring proper market oversight and regulatory compliance. The transaction excluded taxes, brokerage, and other charges from the reported value of ₹63,54,579.

This complete divestment by a promoter group member represents a notable change in AVI Products India Limited's ownership structure, with Vikram Avinash Vora exiting his 5.82% stake in the company through a structured open offer process.

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