ARFINBSEArfin India LtdHighNeutral
Announced Tue, 2 Dec · 17:02 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mahendrakumar Shah

Promoter Stake Sell 1pctPromoter Below 50pctOwnership Changes View source PDF

ARFIN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mahendrakumar Rikhavchand Shah, a member of the promoter group of Arfin India Ltd, has sold 29,626 shares (0.0175% of paid-up capital) as part of a SAST Reg 29(2) disclosure filed with BSE on 2 December 2025. His holding has reduced marginally from 2,56,58,250 shares (15.2074%) to 2,56,28,624 shares (15.1899%). The transaction is a routine disposal by the promoter with no change in control or concert party details reported. Arfin India is listed on both BSE and NSE.

Likely market impact

The sale is very small and financially negligible, so there is unlikely to be any meaningful impact on the stock price. However, any continued promoter selling could be watched as a sentiment indicator by retail investors.