ALPHA TRIBE

Avi Products India LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

PPMS Real Estates LLP has made a significant acquisition in AVI Products India Ltd. PPMS acquired 11,48,121 equity shares, representing 34.72% of AVI's voting capital, from both promoter and non-promoter sellers. This acquisition increased PPMS's total holding in AVI to 59.51%. Following this, PPMS triggered an Open Offer to acquire an additional 26.00% of AVI's voting capital at ₹33.00 per share, totaling ₹2.84 Cr. This move signals a consolidation of control by PPMS over AVI.

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