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Avalon Technologies promoter sells 6% stake via block deals

Source: scanx.trade · 2026-10-01T07:45:44 UTC

Promoter Bhaskar Srinivasan and family trusts sold a combined 6.00% stake in Avalon Technologies on September 30, 2026. Each entity sold exactly 13,36,235 shares (2.00%) via block deals, reducing total promoter holding to 9.42%. Disclosure filed under SEBI Reg 29(2) confirms no encumbrances or convertible securities were involved in the sale.

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