AVI Products India: Promoter Group Member Daksha Vora Sells Complete 4.76% Stake
AVI Products India Limited witnessed a complete exit by promoter group member Mrs. Daksha Avinash Vora, who sold her entire 4.76% equity holding of 1,57,340 shares through an open offer on BSE. The transaction, executed on April 10, 2026, was disclosed under SEBI regulations with comprehensive documentation showing the reduction of her shareholding from 4.76% to nil.
*this image is generated using AI for illustrative purposes only.
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 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 was executed under an open offer through a sale purchase agreement.
| Parameter: | Details |
|---|---|
| Seller: | Mrs. Daksha Avinash Vora (Promoter Group) |
| Shares Sold: | 1,57,340 equity shares |
| Face Value per Share: | ₹10 |
| Shareholding Percentage: | 4.76% |
| Transaction Date: | April 10, 2026 |
| Exchange: | BSE Limited |
| 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 | 0 |
| Percentage Holding: | 4.76% | 0.00% |
| Category: | Promoter Group | - |
Company Share Capital Structure
The company's equity share capital remains unchanged following this transaction. AVI Products India Limited maintains its total equity share capital structure as detailed below:
| Capital Details: | Information |
|---|---|
| Total Equity Share Capital: | ₹3,30,68,020 |
| Total Number of Shares: | 33,06,802 equity shares |
| Face Value per Share: | ₹10 |
| Listing Exchange: | BSE Limited |
| Scrip Code: | 523896 |
Regulatory Compliance
The disclosure has been made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mrs. Daksha Avinash Vora submitted the required disclosure to BSE Limited on April 14, 2026, providing comprehensive details of the transaction including pre and post-transaction shareholding patterns.
The seller, residing at 101 Aura Sarojini Road Extension, Vile Parle West, Mumbai, has fulfilled all regulatory requirements for the substantial shareholding change disclosure as mandated by securities regulations.
Will AVI Products India Limited seek to replace the divested promoter stake with new strategic investors or institutional backing?
How might this reduction in promoter group shareholding affect the company's corporate governance structure and decision-making processes?
Could this divestment signal potential changes in AVI Products' business strategy or operational focus in the coming quarters?
19
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
