Announced Tue, 19 May · 13:12 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Varigate Advisory Services (P) Ltd

Price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close

+0.0%1-day move

₹111.00

prior close

₹111.90

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.0-0.8+0.0-0.5-0.1-5.4+0.4-2.0+1.6+0.9-2.0—

Up moveDown movePending

AI summary

Varigate Advisory Services (P) Ltd sold 7,000 equity shares (0.13%) in Arman Holdings Ltd through an open market transaction on May 18, 2026. After the sale, Varigate's holding reduced from 3.69% (292,500 shares) to 3.56% (185,500 shares). Sanjay Otawat, listed as a Person Acting in Concert, retained his holding of 247,500 shares (4.75%). The combined holding of Varigate and Sanjay Otawat decreased from 8.44% to 8.31% of diluted share capital. Varigate is explicitly stated as NOT belonging to the Promoter/Promoter group. The total diluted share capital of the company remains at Rs. 5,21,05,000 comprising 52,10,500 equity shares.

Likely market impact

This is a small open market disposal by a non-promoter entity holding less than 10% stake, with no significant impact expected on the stock price. The transaction is routine and below material disclosure thresholds.