Announced Fri, 22 May · 11:24 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 & PACs

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 14 horizons · vs prior close

-4.9%1-day move

₹110.40

prior close

₹109.40

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.0-1.2-4.9+1.0-4.0-1.5+0.5-1.3-2.5-1.0-0.9—

Up moveDown movePending

AI summary

Varigate Advisory Services (P) Ltd sold 4,000 equity shares (0.08%) on the open market on May 21, 2026, reducing its holding from 3.56% to 3.48%. The PAC Sanjay Otawat held 247,500 shares (4.75%) with no change. The combined holding of Varigate and Sanjay Otawat fell from 8.31% to 8.23% after the sale. The acquirer explicitly stated they do not belong to the Promoter/Promoter group of Arman Holdings Ltd. The transaction was a small open market disposal well below any SAST threshold triggers.

Likely market impact

This is a minor open market sale by a non-promoter entity with no significant impact on the company's ownership structure or shareholder value.