The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Lalchand Moolchand Mehta & PAC

Lalchand Moolchand Mehta, along with PAC Sushila Lalchand Mehta, has filed multiple disclosures under SEBI SAST Regulations for open-market sales of Arman Holdings shares between 21/10/2025 and 12/12/2025. The sellers are explicitly identified as NOT belonging to the promoter/promoter group. Across the disclosed transactions, their combined voting rights holding declined from approximately 11.18% (3,14,148 shares plus warrants of 2,68,477) to about 10.52%, with each individual trade being small (ranging from 0.02% to 0.22% of share capital). The equity share capital of the company is Rs. 5,21,05,000 comprising 52,10,500 equity shares of Rs. 10 face value. The pattern shows continuous, small-ticket open-market selling by a non-promoter shareholder over roughly two months.