AVI Products India Limited announced a private placement of 1,640,150 equity shares having face value of INR 10 per share on August 12, 2021. The company will issue shares to promoters and non- promoters of the company on preferential allotment basis in accordance with applicable provisions of the Companies Act, 2013 and the Securities & Exchange Board of India. The transaction has been approved by the board of the directors of the company.