Avalon Technologies Limited — Important, 25-06-2025: Updates
25-06-2025 | 11:13 am
25-06-2025 | 11:13 am
Avalon Technologies' promoter Bhaskar Srinivasan, along with BBS and KBS Family Trusts, sold 37.96 lakh shares via a block deal, reducing their combined stake from 21.22% to 15.51%. Post-sale, Srinivasan holds 9.43% directly, while each trust holds 3.04%. The total equity share capital remains unchanged at INR 13.3 Cr face value. This stake reduction signals partial promoter divestment but retains significant promoter holding.
No comments yet. Be the first to comment!
