The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ketan Ratilal Patel & PACs
ARVSMART · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ketan Ratilal Patel, along with Person Acting in Concert (PAC) Krishna Ketan Patel, has disclosed an open market acquisition of 7,000 equity shares (0.02%) of Arvind SmartSpaces Ltd on 02/03/2026. This takes their combined holding from 5.69% (26,08,235 shares) to 5.70% (26,15,235 shares). The acquirer is explicitly NOT part of the promoter/promoter group. The disclosure was triggered because the holding has crossed the 5% threshold under SEBI's Takeover Regulations for non-promoter acquirers. The total equity share capital of the company remains 4,58,66,979 shares.
A small, incremental open market purchase by a non-promoter entity crossing the 5% disclosure mark. While the quantum is tiny, it signals that this non-promoter group is gradually building a meaningful stake in Arvind SmartSpaces and may continue accumulating, which could draw attention from other shareholders.