StockWatch
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Trading & Distributors
Shareholding8 May 2026, 05:52 pm

AVB Endeavors Hikes Stake in Shashank Traders to 21.49%

AI Summary

AVB Endeavors Pvt Ltd acquired 274,867 equity shares of Shashank Traders Limited, increasing its total holding to 664,867 shares, representing 21.49% of the company's equity. The acquisition was made off-market on May 7, 2026, according to disclosures under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The equity share capital of Shashank Traders remains at ₹3,09,38,000, comprising 3,093,800 equity shares of ₹10 each.

Key Highlights

  • AVB Endeavors acquired 274,867 shares of Shashank Traders.
  • Total holding of AVB Endeavors in Shashank Traders now stands at 21.49%.
  • The acquisition was executed off-market on May 7, 2026.
  • Shashank Traders' equity share capital remains unchanged at ₹3,09,38,000.