News Orders & Deals Jayant Himatlal Joshi Sells Complete 2.30% Stake in AVI Products India LimitedJayant Himatlal Joshi Sells Complete 2.30% Stake in AVI Products India Limited
Jayant Himatlal Joshi has disclosed the complete sale of his 76,030 shares (2.30% stake) in AVI Products India Limited through an off-market transaction on January 30, 2026. The disclosure filed with BSE Limited shows his shareholding reduced to zero following this divestment. The transaction was conducted under SEBI regulations, with Joshi confirming he does not belong to the promoter group category.
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Jayant Himatlal Joshi has completed the divestment of his entire shareholding in avi products India Limited, according to a regulatory disclosure filed with BSE Limited. The transaction represents a complete exit from his investment position in the company.
Transaction Details
The disclosure reveals that Joshi sold his complete holding through an off-market transaction executed on January 30, 2026. The sale involved all 76,030 equity shares of face value Rs. 10/- each that he previously held in the company.
| Transaction Parameter: | Details |
|---|---|
| Shares Sold: | 76,030 |
| Face Value per Share: | Rs. 10/- |
| Transaction Mode: | Off-market |
| Transaction Date: | January 30, 2026 |
| Disclosure Date: | February 2, 2026 |
Shareholding Impact
Prior to this transaction, Joshi held 76,030 shares representing 2.30% of AVI Products India Limited's total share capital and voting rights. Following the complete divestment, his shareholding has been reduced to zero.
| Shareholding Status: | Before Sale | After Sale |
|---|---|---|
| Number of Shares: | 76,030 | 0 |
| Percentage Holding: | 2.30% | 0% |
| Voting Rights: | 2.30% | 0% |
Company Capital Structure
AVI Products India Limited's equity share capital remains unchanged following this transaction. The company maintains its total equity share capital of Rs. 3,30,68,020/- divided into 33,06,802 equity shares of face value Rs. 10/- each.
Regulatory Compliance
The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Joshi, who does not belong to the promoter or promoter group category, filed the necessary documentation with BSE Limited where the company's shares are listed. The disclosure confirms that he held no encumbrances, voting rights other than through shares, or convertible securities in the company either before or after the transaction.
