The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chennupati Sarath Kumar
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Chennupati Sarath Kumar sold 54,25,516 equity shares (2.91% stake) of Arunjyoti Bio Ventures Ltd through open market transactions between April 13-16, 2026. Before the sale, his holding was 1,41,01,138 shares (7.57% of total capital), including 54,25,516 encumbered shares. After the sale, his holding reduced to 86,75,622 shares (4.66%). The transaction also involved release of all pledged shares (previously 54,25,516 encumbered shares) upon sale. Chennupati Sarath Kumar is not classified as a Promoter/Promoter group member. Total equity capital of the company is Rs. 18,63,81,000 divided into 18,63,81,000 shares of Rs. 1 each.
The sale reduced the holder's stake from 7.57% to 4.66%, crossing below the 5% threshold which triggers additional disclosure requirements. The complete release of pledged shares indicates a full exit from the encumbered portion, suggesting possible deleveraging or complete divestment by this shareholder.