Avro India confirms no encumbrance of promoter shares in FY26

2 min read     Updated on 04 Jul 2026, 09:02 AM
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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 Day5 Days1 Month6 Months1 Year5 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?

Avro India lists 10.6 lakh shares on NSE and BSE

1 min read     Updated on 04 Jul 2026, 06:47 AM
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Avro India Ltd received approval from NSE and BSE to list 10,60,900 equity shares allotted to non-promoters on a preferential basis, effective July 3, 2026. The shares, issued at a premium of ₹11.72 per share following warrant conversion, are subject to a lock-in period until January 5, 2027.

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Avro India Ltd has received approval from the National Stock Exchange of India Ltd (NSE) and BSE Ltd to list and trade 10,60,900 equity shares allotted to non-promoters on a preferential basis. The shares, which have a face value of ₹1 each, were admitted to dealings effective from July 3, 2026. This development follows the conversion of warrants and increases the company's listed equity capital.

The approvals were communicated via letters from NSE (reference no. NSE/LIST/55988) and BSE (reference no. LOD/PREF/VJ/54/2026-2027), both dated July 2, 2026. The securities bear distinctive numbers ranging from 133110501 to 134171400. The disclosure was made in compliance with Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Listing Details

The table below outlines the specifics of the securities listed on both exchanges:

Sr. No. Security Description Symbol Series No. of Securities Distinctive Numbers
1 Equity shares of ₹1 each allotted on Preferential Basis AVROIND EQ 1060900 133110501 to 134171400

Lock-in Period

As per the details provided in the filing, the entire tranche of 10,60,900 shares is subject to a lock-in period. The restriction applies until January 5, 2027, ensuring that the shares allotted to non-promoters cannot be traded before this date.

The company secretary, Sumit Bansal, confirmed the intimation regarding the listing approval. The shares were issued at a premium of ₹11.72 per share pursuant to the conversion of warrants.

Historical Stock Returns for Avro

1 Day5 Days1 Month6 Months1 Year5 Years
-2.61%-5.00%-1.66%-14.60%-43.10%-23.96%

How will the market react when the lock-in period expires and these shares become tradeable in January 2027?

What strategic initiatives does Avro India plan to fund with the capital raised from this preferential allotment?

Will the conversion of these warrants lead to any significant changes in the company's shareholding pattern?

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