Avon Mercantile Limited Files Q3FY26 Shareholding Pattern with BSE
Avon Mercantile Limited filed its Q3FY26 shareholding pattern showing total equity capital of 7,477,390 shares. Promoter group holds 26.21% through 1,960,070 shares across 9 shareholders, dominated by Smart Bharat Private Limited (19.67%) and Oasis Cineplex Private Limited (6.54%). Public shareholders control 73.79% with 5,517,320 shares distributed among 1,047 investors. The company identifies two significant beneficial owners with Dr. Bhupendra Kumar Modi holding 13.82% and Dilip Kumar Modi holding 6.44% beneficial interests.
*this image is generated using AI for illustrative purposes only.
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.
| Shareholder Category: | Number of Shareholders | Shares Held | Percentage |
|---|---|---|---|
| Promoter & Promoter Group: | 9 | 1,960,070 | 26.21% |
| Public Shareholders: | 1,047 | 5,517,320 | 73.79% |
| Total: | 1,056 | 7,477,390 | 100.00% |
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.
| Corporate Promoter: | Shares Held | Percentage |
|---|---|---|
| Smart Bharat Private Limited: | 1,470,750 | 19.67% |
| Oasis Cineplex Private Limited: | 489,250 | 6.54% |
| Total Corporate Holdings: | 1,960,000 | 26.21% |
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.
| Public Shareholder Category: | Shareholders | Shares | Percentage |
|---|---|---|---|
| Individuals (up to ₹2 lakhs): | 861 | 506,060 | 6.77% |
| Individuals (above ₹2 lakhs): | 1 | 30,000 | 0.40% |
| Others: | 185 | 4,981,260 | 66.62% |
| Total Public: | 1,047 | 5,517,320 | 73.79% |
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.
19
