BSEArman Holdings LtdLowNeutral
Announced Tue, 6 Jan · 14:06 IST

The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Varigate Advisory Services (P) Ltd & PACs

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Arman Holdings Limited received a revised disclosure under SEBI's Takeover Regulations from Varigate Advisory Services (P) Ltd and its Person Acting in Concert (PAC), Sanjay Otawat. The revision corrects the total combined shareholding figure from 498,000 to 497,500 equity shares. The underlying transaction shows Sanjay Otawat sold 2,000 equity shares (0.04%) in the open market on 26 November 2025. Post-transaction, Varigate Advisory Services holds 250,000 shares (4.80%) while Sanjay Otawat holds 247,500 shares (4.75%), bringing their combined holding to 497,500 shares (9.55%) of the company. The acquirers are confirmed as not belonging to the promoter/promoter group.

Likely market impact

This is a minor correction in disclosure with a negligible sale of just 2,000 shares by a non-promoter entity, and is unlikely to have any meaningful impact on the stock price or shareholder interests.