PPMS Real Estates LLP AVI Products 26% Open Offer

PPMS Real Estates LLP launches open offer to acquire up to 8,59,769 shares (26.00%) of AVI Products India Ltd at ₹33.00 per share.
The acquirer's total holding stands at 62.68% post-acquisition of shares from promoter and non-promoter sellers in April 2026.
Independent Directors Committee finds the offer price prima facie justified at ₹33.00 per share, above regulatory benchmarks.
The tendering period is scheduled from May 13, 2026, to May 26, 2026, with settlement by June 10, 2026.