Acquisitions27 Oct 2026, 10:49 am
Sudha Rani Avudari Acquires 13.41% Stake in Avudari Engineering via Preferential Allotment
AI Summary
Sudha Rani Avudari, acting for herself and on behalf of PACs, has disclosed the acquisition of 30,05,140 equity shares of Avudari Engineering Limited (formerly Aar Shyam India Investment Company Ltd) through a preferential allotment. This acquisition represents 13.41% of the total share capital. Post-acquisition, Sudha Rani Avudari and PACs collectively hold 1,44,76,429 equity shares, amounting to 64.60% of the total share capital. The total investment for this acquisition was ₹22,40,76,660. The transaction was completed on October 23, 2026, with the disclosure filed on October 26, 2026.
Key Highlights
- Sudha Rani Avudari acquired 30,05,140 shares via preferential allotment.
- The acquisition represents a 13.41% stake in Avudari Engineering.
- Post-acquisition, combined holding with PACs is 64.60%.
- Total investment amounted to ₹22,40,76,660.
- The transaction falls under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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