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 & PAC

Ownership Changes View source PDF Explain this filing

Price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close

-1.8%Reaction day

₹109.85

prior close

₹109.95

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.0%-1.8% vs market

Investment Company peers, median of 60sector+0.3%-2.1% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 2.1 pts less than its Investment Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

-2.4

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.8-0.0-1.8+0.3-2.1

Next day

-0.9-2.0+1.1-1.0+0.1

+0.0-0.1+0.2-0.1+0.2

+2.7-1.6+4.3-1.1+3.8

+0.1-2.7+2.8-2.6+2.7

+0.4+0.3+0.1-0.0+0.4

+0.9+2.6-1.7+1.0-0.1

15d

+2.0+4.2-2.2+0.3+1.6

-0.7+6.2-6.9+1.7-2.4

+7.9+8.6-0.7+2.2+5.7

+4.7+11.2-6.5+1.7+3.0

UpDownMarket · Nifty Microcap 250Sector · Investment Company peers, median of 60Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Arman Holdings Ltd disclosed a Regulation 29(2) SAST filing on June 2, 2026, for Varigate Advisory Services (P) Ltd and its PAC Sanjay Otawat. Both are classified as non-promoters. Varigate Advisory Services sold 4,000 equity shares (0.08%) in the open market, while Sanjay Otawat sold zero shares. Before the transaction, the PAC group held 424,000 shares (8.14%); after the sale, their combined holding stands at 420,000 shares (8.06%). The total equity share capital of the company is 52,10,500 shares of face value Rs. 10 each, and remains unchanged after this transaction.

Likely market impact

This is a very small sale by a non-promoter entity, representing only 0.08% of share capital, with negligible impact on the stock price or shareholder value. The PAC group's overall stake has only marginally declined from 8.14% to 8.06%.