Parth Avinash Vora Discloses Sale of 1,94,573 Equity Shares in AVI Products India

AVI Products India Limited has received formal disclosure from promoter group member Parth Avinash Vora regarding the complete divestment of his equity holdings. The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, documenting the transaction executed through an open offer.

Transaction Details

Parth Avinash Vora executed a complete sale of his equity holdings in AVI Products India Limited through a Share Purchase Agreement. The comprehensive transaction details are presented below:

Parameter: Details Seller: Parth Avinash Vora (Promoter Group Member) Shares Sold: 1,94,573 equity shares Face Value: ₹10 per share Shareholding Percentage: 5.88% Transaction Date: April 10, 2026 Exchange: BSE Limited Mode of Sale: Open Offer through Share Purchase Agreement Disclosure Date: April 14, 2026

Shareholding Impact Analysis

The transaction represents a complete exit by the promoter group member from AVI Products India Limited. The shareholding changes are detailed in the regulatory filing:

Shareholding Status: Number of Shares Percentage Before Transaction: 1,94,573 5.88% Shares Sold: 1,94,573 5.88% After Transaction: 0 0%

Company Capital Structure

According to the disclosure documentation, AVI Products India Limited maintains its equity share capital structure unchanged following this transaction. The company's total equity share capital remains at ₹3,30,68,020 divided into 33,06,802 equity shares of face value ₹10 each.

Regulatory Compliance

Vora submitted the mandatory disclosure from his Mumbai residence, ensuring compliance with SEBI regulations governing substantial acquisition and disposal of shares. The disclosure was addressed to BSE Limited and copied to the Company Secretary of AVI Products India Limited, maintaining transparency in accordance with regulatory requirements.

Contact Information

Parth Avinash Vora is contactable at 402, Aura, Sarojini Road Extension, Vile Parle West, Mumbai 400056. AVI Products India Limited operates from its registered office at 110 Manish Industrial Estate No. 4, Navghar, Vasai (East), Mumbai, Maharashtra, 401210.

AVI Products India Limited has disclosed a significant shareholding change involving its Managing Director, who has completely divested his stake in the company through a substantial transaction on the stock exchange. The transaction was executed pursuant to SEBI regulations governing substantial acquisition and disposal of shares, with comprehensive regulatory documentation filed with BSE Limited.

Official SEBI Disclosure Framework

The transaction has been formally disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Avinash Dhirajlal Vora, Managing Director of AVI Products India Limited, filed the mandatory disclosure with BSE Limited on April 14, 2026, confirming his complete exit from equity shareholding in the company.

Parameter: Details Target Company: AVI Products India Limited Acquirer/Seller: Mr. Avinash Dhirajlal Vora Promoter Group Status: Yes Stock Exchange: BSE Limited BSE Scrip Code: 523896

Transaction Details

The official disclosure reveals the complete sale of equity shareholding by the Managing Director through an open offer mechanism. The transaction represents a total divestment of his promoter group holdings in the company.

Parameter: Details Shares Sold: 2,38,615 equity shares Shareholding Percentage: 7.22% Transaction Value: ₹78,74,295 Transaction Date: April 10, 2026 Exchange: BSE Limited Mode of Sale: Sale under Open Offer through Sale Purchase Agreement Face Value per Share: ₹10

Shareholding Position Changes

The SEBI disclosure document provides detailed information about the shareholding position before and after the transaction, confirming the complete exit of the Managing Director from his equity position.

Position: Before Transaction After Transaction Number of Shares: 2,38,615 0 Percentage Holding: 7.22% 0% Voting Rights: 7.22% 0% Diluted Share Capital %: 7.22% 0%

Company Share Capital Structure

The disclosure confirms AVI Products India Limited's share capital structure, which remained unchanged following the transaction. The company's equity base provides the foundation for calculating the percentage holdings disclosed in the regulatory filing.

Parameter: Details Total Equity Share Capital: ₹3,30,68,020 Total Number of Shares: 33,06,802 equity shares Face Value per Share: ₹10 Diluted Share Capital: ₹3,30,68,020

Regulatory Compliance and Documentation

The transaction has been executed in full compliance with SEBI regulations, with proper documentation submitted to BSE Limited. Mr. Avinash Dhirajlal Vora personally signed and submitted the disclosure from Mumbai, providing his contact details as 101 Aura Sarojini Road Extension, Vile Parle West, Mumbai 400056. The disclosure was addressed to BSE Limited at P.J. Towers, Dalal Street, Fort, Mumbai, and copied to the Company Secretary/Compliance Officer of AVI Products India Limited at their registered office in Vasai (East), Maharashtra.

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