The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ketan Patel

Ownership Changes View source PDF Explain this filing

ARVSMART · price

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▲ 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

-1.4%Reaction day

₹588.50

prior close

₹581.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%-0.1% vs market

Residential Commercial Projects peers, median of 65sector-1.7%+0.3% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.3 pts more than its Residential Commercial Projects 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

+0.8

10m

+0.1

15m

-0.0

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.4-1.4-0.1-1.7+0.3

Next day

+0.3-0.9+1.2-0.6+0.9

+2.3-0.3+2.6-1.0+3.3

+5.5+0.8+4.7+0.0+5.5

+4.9+0.9+4.0-0.6+5.4

+3.8+2.5+1.4+0.4+3.4

+3.5+3.1+0.3-0.1+3.6

15d

-0.8+3.5-4.2-1.4+0.6

+3.1+8.0-4.9+2.3+0.7

+1.1+9.3-8.2+2.7-1.6

+12.7+14.0-1.3-0.1+12.8

UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 65Pending

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

AI summary

Ketan Ratilal Patel (alongwith PAC Krishna Ketan Patel) disclosed acquisition of 16 equity shares of Arvind SmartSpaces Ltd through open market purchase on 16 April 2026. The acquirer is NOT part of the promoter/promoter group. Before and after the acquisition, the combined holding remained at 26,15,251 shares representing 5.70% of the total equity share capital of 4,58,66,979 shares. This is a routine compliance filing for a relatively small stake acquisition by a non-promoter investor.

Likely market impact

Minimal impact on the stock. The acquirer is a non-promoter holding just 5.70%, well below any takeover threshold, and the change in shareholding was negligible.