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
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Varigate Advisory Services (P) Ltd, along with its Person Acting in Concert (PAC) Sanjay Otawat, filed a disclosure under SEBI's Takeover Regulations for the sale of 5,615 equity shares (0.11%) of Arman Holdings Ltd in the open market on February 18, 2026. The sellers are NOT part of the promoter/promoter group. Before the sale, the combined holding was 455,615 shares (8.74%); after the sale, it stands at 450,000 shares (8.64%). The equity share capital of the company remains unchanged at Rs. 5,21,05,000 comprising 52,10,500 equity shares of face value Rs. 10 each.
This is a very small sale by a non-promoter shareholder and is unlikely to have any material impact on the stock price or shareholder value. The transaction is routine disclosure compliance.