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Avalon Technologies Limited

5 articles
Recent activity at Avalon Technologies highlights shifts in ownership and upcoming financial disclosures. A block sale of approximately 6% of the company's shares by promoter Bhaskar Srinivasan, executed through a block deal and involving family trusts, has reduced the promoter group's stake to 9.42%, prompting clarification from the company to address media reports and ensure accurate shareholding information. Avalon will host an earnings call on November 13, 2026, following a board meeting on November 12, 2026, to review Q2 and H1 FY27 results, while also allotting ESOP shares to employees. These developments suggest increased scrutiny of Avalon's ownership structure and upcoming investor updates.