Avon Mercantile Limited has announced the appointment of Ms. Nikita Sehrawat as Manager, effective January 22, 2026. The Board of Directors approved this appointment at their meeting held on January 22, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Approval and Regulatory Compliance

The appointment is subject to approval from the company's members at the General Meeting. The company has fulfilled its regulatory obligations by promptly notifying the Bombay Stock Exchange about this key management appointment.

Appointee Profile and Experience

Ms. Nikita Sehrawat brings relevant experience to her new role at Avon Mercantile Limited. Her professional background and qualifications are outlined below:

Strategic Impact

According to the company's announcement, Ms. Sehrawat's expertise in legal and secretarial compliance is expected to strengthen Avon Mercantile Limited's ability to deliver on its long-term objectives and enhance shareholder value. The Board expressed confidence that this appointment will strengthen the management team and contribute to the company's growth trajectory.

Next Steps

The appointment remains subject to formal approval by the company's members at the upcoming General Meeting. Once approved, Ms. Sehrawat will officially assume her responsibilities as Manager, bringing her compliance expertise to support the company's operational and regulatory requirements.

Avon Mercantile Limited has filed its quarterly shareholding pattern with the Bombay Stock Exchange for the quarter ended December 31, 2025, in compliance with Regulation 31(1)(b) of SEBI listing regulations. The company, trading under scrip code 512265, maintains its listing exclusively on BSE and is not listed on NSE or MSEI.

Overall Shareholding Structure

The company's total paid-up equity share capital comprises 7,477,390 shares, distributed between promoter group and public shareholders. The shareholding pattern demonstrates a clear majority held by public investors.

Promoter Group Holdings

The promoter group's 26.21% stake is distributed across nine shareholders, comprising both individual promoters and corporate entities. Individual promoters from Hindu undivided families hold a minimal 70 shares collectively, while corporate promoters dominate the promoter shareholding.

Seven individual promoters each hold 10 shares, including Bir Bahadur Mishra, Haridas Nambiar, Deepak Chakrawarti, Azad Singh, L N Maheshwari, Sudhir Kumar, and Ashok Kumar. Notably, these individual promoters have not provided PAN details to the company, and their shares remain in physical form under lock-in restrictions.

Public Shareholding Distribution

Public shareholders control 73.79% of the company through 5,517,320 shares. The distribution shows broad-based retail participation with 861 resident individuals holding nominal share capital up to ₹2 lakhs, accounting for 506,060 shares or 6.77% of total shareholding.

Significant Beneficial Ownership

The filing identifies two significant beneficial owners with indirect stakes through Smart Bharat Private Limited. Dr. Bhupendra Kumar Modi, a Singapore national, holds 13.82% beneficial ownership, while Dilip Kumar Modi maintains 6.44% beneficial interest in the company.

Dematerialization Status

The company shows significant dematerialization with 1,960,000 shares held in electronic form, representing the entire corporate promoter holdings. However, individual promoter shares and public shareholdings remain largely in physical form, indicating potential areas for improved dematerialization compliance.

The filing confirms no outstanding convertible securities, warrants, employee stock options, or shares under pledge, maintaining a clean capital structure for the quarter ended December 31, 2025.