{
  "id": 10874057,
  "title": "Avalon Technologies Clarifies Promoter Stake Sale; Bhaskar Srinivasan Group Holds 15.42%",
  "url": "https://urgent.news/2026/09/30/avalon-technologies-clarifies-promoter-stake-sale-bhaskar-srinivasan",
  "topic": "world",
  "section": "World",
  "published": "2026-09-30T05:50:52.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/avalon-technologies-clarifies-promoter-stake-sale-bhaskar-srinivasan-group-holds-1542"
  },
  "original_language": "en",
  "account": null,
  "summary": "Mumbai: Avalon Technologies on Thursday clarified media reports regarding a proposed stake sale by Bhaskar Srinivasan’s promoter group. The company stated that the promoter group held a 15.42% stake in Avalon Technologies as of September 29, 2026. Promoter Group Shareholding Bhaskar Srinivasan and his promoter group, comprising BBS Family Trust and KBS Family Trust, together hold 1,03,12,775…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}