Avro India confirms no encumbrance of promoter shares in FY26
Avro India Limited filed a disclosure with exchanges confirming no encumbrance of shares by its promoters or promoter group members in FY26. The submission, dated April 6, 2026, covers 20 individuals and entities under Regulation 31(4) of SEBI takeover regulations.

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Avro India Limited has confirmed that its promoters and promoter group members did not encumber any shares during the financial year ended March 31, 2026. The disclosure, submitted to the National Stock Exchange of India Ltd and BSE Limited, provides transparency regarding the shareholding status of key stakeholders for FY26. This filing is mandatory under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The company stated that 20 members, including individuals and entities within the promoter and promoter group, have not created any charge or lien on their holdings. The declaration was made on behalf of the promoters by Sushil Kumar Aggarwal. The list includes three individual promoters—Sushil Kumar Aggarwal, Sahil Aggarwal, and Anita Aggarwal—along with 17 members classified as promoter group.
Promoter and Promoter Group Details
The disclosure identifies the specific entities and individuals covered under the regulation. The list encompasses family members, Hindu Undivided Families (HUFs), and private limited companies associated with the promoters.
| S. No. | Name | Category |
|---|---|---|
| 1. | Sushil Kumar Aggarwal | Promoter |
| 2. | Sahil Aggarwal | Promoter |
| 3. | Anita Aggarwal | Promoter |
| 4. | Nikhil Aggarwal | Promoter Group |
| 5. | Sushil Kumar Aggarwal HUF | Promoter Group |
| 6. | Sahil Aggarwal HUF | Promoter Group |
| 7. | Kundita Aggarwal | Promoter Group |
| 8. | Gautam Rajgarhia | Promoter Group |
| 9. | Bonita Furniture Private Limited | Promoter Group |
| 10. | Bucks Infotainment Private Limited | Promoter Group |
| 11. | Sanjana Rajgarhia | Promoter Group |
| 12. | Jay Prakash Aggarwal | Promoter Group |
| 13. | Shiv Shankar Aggarwal | Promoter Group |
| 14. | Sunita Aggarwal | Promoter Group |
| 15. | Hemalatha Kanodia | Promoter Group |
| 16. | Shakun Jindal | Promoter Group |
| 17. | Inaya Aggarwal | Promoter Group |
| 18. | Samir Khandelwal | Promoter Group |
| 19. | Manju Khandelwal | Promoter Group |
| 20. | Yash Khandelwal | Promoter Group |
The filing was digitally signed by Sumit Bansal, Company Secretary & Compliance Officer of Avro India Limited, on April 6, 2026. The document was addressed to the Listing Department of the NSE and the Corporate Service Department of the BSE to ensure compliance with regulatory requirements.
Historical Stock Returns for Avro
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.61% | -5.00% | -1.66% | -14.60% | -43.10% | -23.96% |
Does the absence of share encumbrance indicate that Avro India is currently debt-free or has sufficient liquidity to avoid pledging shares?
How might this clean shareholding status impact the company's ability to raise future capital or secure loans if needed?
Could this disclosure signal potential plans for the promoters to increase their stake or pursue strategic acquisitions in the near term?




























