AVI Products India Limited has witnessed a significant shareholding change as PPMS Real Estates LLP disclosed the acquisition of 8,19,868 equity shares representing 24.79% of the company's voting share capital. The acquisition was completed through a combination of open market and off-market transactions executed between February 11-13, 2026, as disclosed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Acquisition Transaction Details

The shareholding acquisition was executed through multiple transactions over a three-day period. PPMS Real Estates LLP acquired 26,818 equity shares through open market transactions and 7,93,050 equity shares through off-market deals, totaling 8,19,868 shares.

Shareholding Pattern Changes

Prior to this acquisition, PPMS Real Estates LLP held zero shares in AVI Products India Limited. The acquisition of 8,19,868 equity shares has resulted in the acquirer gaining a substantial 24.79% voting stake in the target company. The company's total equity share capital remains unchanged at ₹3,30,68,020 divided into 33,06,802 equity shares of ₹10 each.

Regulatory Compliance and Corporate Structure

The disclosure has been filed with BSE Limited, where AVI Products India Limited shares are listed under scrip code 523896. PPMS Real Estates LLP, structured as a Limited Liability Partnership, is not part of the promoter or promoter group of the target company. The acquisition represents a strategic investment by the LLP in the manufacturing company.

Parth Kaushik Mehta, serving as Designated Partner with DIN 05251177, signed the regulatory disclosure on behalf of PPMS Real Estates LLP. The LLP operates from Mumbai with contact details including phone number 022 6865 4848 and email info@paradigmrealty.co.in . The acquisition did not involve any encumbrances, warrants, or convertible securities, representing a straightforward equity stake purchase.

Market Implications

The substantial acquisition by PPMS Real Estates LLP positions the entity as a significant stakeholder in AVI Products India Limited. The 24.79% voting stake provides considerable influence over corporate decisions and strategic direction of the target company. The transaction was completed without any conditions related to minimum acceptance levels or competing offers, indicating a direct strategic investment approach by the acquirer.

Viraaj Pradeep Joshi has completed the sale of his entire shareholding in avi products through an off-market transaction, as disclosed in a regulatory filing with BSE Limited. The transaction involved the sale of 72,000 equity shares of face value Rs. 10 each, executed on January 30, 2026.

Transaction Details

The sale represents a complete exit by Joshi from his investment in AVI Products India Limited. The transaction details are summarized below:

Shareholding Pattern Changes

The sale has resulted in a complete divestment of Joshi's stake in the company:

Company Capital Structure

AVI Products India Limited's equity share capital remains unchanged following this transaction. The company's capital structure consists of:

• Total Equity Share Capital: Rs. 3,30,68,020
• Number of Equity Shares: 33,06,802 shares
• Face Value per Share: Rs. 10

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Joshi confirmed that he does not belong to the promoter or promoter group of the company. The filing was submitted to BSE Limited, where AVI Products India Limited shares are listed under scrip code 523896.

Investor Profile

Viraaj Pradeep Joshi, based in Mumbai, held the shares as a non-promoter investor. The disclosure indicates that he had no encumbrances, voting rights other than through shares, or convertible securities in the company before or after the transaction. This complete exit marks the end of his investment in AVI Products India Limited.