Viraaj Pradeep Joshi Completes Sale of 72,000 Shares in AVI Products India Limited
Viraaj Pradeep Joshi has disclosed the complete sale of his 72,000 shares (2.1773% stake) in AVI Products India Limited through an off-market transaction on January 30, 2026. The sale, conducted under SEBI regulations, reduced his shareholding to zero and represents a complete exit from his investment in the company. The disclosure was filed with BSE Limited where the company's shares are listed under scrip code 523896.
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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:
| Parameter: | Details |
|---|---|
| Shares Sold: | 72,000 equity shares |
| Face Value: | Rs. 10 per share |
| Percentage of Total Capital: | 2.1773% |
| Transaction Mode: | Off-market |
| Transaction Date: | January 30, 2026 |
Shareholding Pattern Changes
The sale has resulted in a complete divestment of Joshi's stake in the company:
| Holding Period: | Number of Shares | Percentage (%) |
|---|---|---|
| Before Sale: | 72,000 | 2.1773% |
| After Sale: | 0 | 0% |
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.
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