Avax Apparels and Ornaments Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Avax Apparels and Ornaments Limited's promoter group has completed an off-market inter-se transfer of shares. Deepak Kumar has acquired a total of 3,22,074 equity shares via gift without consideration. These shares were transferred from Harish Kumar (2,18,084 shares) and Deepika (1,03,990 shares). This transaction involves a realignment of individual holdings within the promoter and promoter group. As a result, the aggregate holding of the Promoter and Promoter Group will change. The company clarified this as an exempt transaction within the group.