Avi Products India: Promoter LLP Restructures Partner Holdings

Avi Products India Ltd announced an internal restructuring within its promoter, PPMS Real Estates LLP. This change involves a revision in the capital contribution percentages among the LLP's partners. Mr. Parthh Kaushik Mehta's holding decreased from 99.00% to 96.76%, while Mr. Ameya Vivek Tandulkar's holding increased from 1.00% to 3.24%. The total capital contribution remains 100%. Importantly, this internal change within the promoter LLP does not alter the direct shareholding of PPMS Real Estates LLP in Avi Products India Ltd, nor does it impact the control of the company. The transaction was an off-market inter-se transfer within the LLP.