Announced Fri, 18 Sept, 2026 · 14:37 IST
Proposed promoter Jitesh Kothari buys 63,980 shares via SPA
Price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Proposed promoter Jitesh Kothari acquired 63,980 equity shares of Arco Leasing off market through a Share Purchase Agreement dated 7 Sept 2026. His stake rose from 36.63 percent to 37.22 percent, taking total holding to about 40.39 lakh shares out of 1.08 crore. Acquisition follows a preferential allotment and an open offer that closed on 8 Aug 2026.
Likely market impact
Modest 0.59 percent promoter stake increase via SPA signals continued promoter commitment but unlikely to move stock price meaningfully.