The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Neel Dinesh Bilgi HUF
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Neel Dinesh Bilgi HUF, part of the promoter/promoter group of Arex Industries Ltd, has disposed of its entire holding of 928 equity shares (0.03% of the company's share capital). The transaction was carried out on 25th June 2025 through an off-market inter-se transfer, meaning the shares were moved within the promoter group rather than sold to an outside party. After the disposal, the HUF's holding stands at zero shares. The total equity share capital of Arex Industries remains unchanged at 35,98,700 shares. The encumbrance (pledge) position is NIL both before and after the transaction.
This is a negligible, non-market reshuffling of shares within the promoter family (inter-se transfer) and is unlikely to have any material impact on the stock price or overall promoter ownership of the company. Shareholders should note it as a routine internal promoter group reorganisation, not a promoter exit.