Shareholding26 Oct 2026, 06:11 pm
Nagabhyru Srikanth Acquires 3.24% Stake in Avudari Engineering
AI Summary
Nagabhyru Srikanth, acting for himself and on behalf of Persons Acting in Concert (PACs) Radha Krishna Avudari and Sudha Rani Avudari, has acquired 7,27,050 equity shares of Avudari Engineering Limited (formerly Aar Shyam India Investment Company Ltd). This acquisition, made through a preferential allotment on October 23, 2026, represents a 3.24% stake in the company's total share capital and diluted share capital. Following this acquisition, the total holding of Nagabhyru Srikanth and PACs stands at 1,44,76,429 equity shares, constituting 64.60% of the total diluted share capital.
Key Highlights
- Nagabhyru Srikanth acquired 7,27,050 equity shares via preferential allotment.
- The acquisition represents a 3.24% stake in Avudari Engineering.
- Total holding of acquirer and PACs now stands at 64.60%.
- The transaction was completed on October 23, 2026.
- Avudari Engineering was formerly known as Aar Shyam India Investment Company Ltd.
Price Impact
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