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
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Awaiting price reaction for this filing.
Ketan Ratilal Patel, along with Person Acting in Concert (PAC) Krishna Ketan Patel — who are NOT part of the promoter/promoter group — acquired 5,000 equity shares (0.01%) of Arvind SmartSpaces Ltd through open market purchase on 20 January 2026. Before the acquisition, their combined holding stood at 26,01,101 shares (5.67%); after the acquisition, it rose to 26,06,101 shares (5.68%). The total equity share capital of the company is 4,58,66,979 shares. The disclosure has been filed under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Since the acquirer is not a promoter, this is a minor incremental purchase by an existing non-promoter shareholder and is unlikely to materially move the stock price. However, the fact that a non-promoter is steadily building a position just above the 5% disclosure threshold signals continued confidence in the company at current levels.