BSEArman Holdings LtdHighNegative
Announced Mon, 24 Nov · 17:11 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arun Damji Gada & PACs

Ownership Changes View source PDF

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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

Arun Damji Gada, along with 13 persons acting in concert (PACs), has filed a disclosure under SEBI Takeover Regulations for disposal of equity shares in Arman Holdings Ltd. The filers are explicitly identified as non-promoters/non-promoter group. Their combined holding moved from 8,82,209 shares to 8,81,097 shares, with 1,112 shares sold by Kirit Damji Gada through the open market on November 13, 2025. The company is listed on BSE (code 538556) with total share capital of 52,10,500 equity shares of Rs. 10 face value each. The disclosure was signed from Mumbai on November 18, 2025. Note: the percentage figures in the filing appear internally inconsistent (19.45% before vs 26.01% after despite a marginal share decrease), suggesting possible data entry/formatting issues in the original document.

Likely market impact

This is a routine regulatory disclosure by a non-promoter shareholder group involving a tiny sale of just 1,112 shares, which is negligible in scale and unlikely to affect share price or trigger a mandatory open offer.