The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rima Arora
HBESD · price
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Rima Arora, a member of the promoter group of HB Estate Developers, acquired 19,011 equity shares through an open market purchase on June 4, 2026. This raised her individual stake from 1.66% (382,237 shares) to 1.75% (401,248 shares). The broader promoter group's combined holding moved slightly from 67.41% to 67.50% of the company's total equity (22,959,947 shares of Rs. 10 each). No shares were encumbered, sold, or received via preferential/rights routes — this is a small routine open-market buy by a promoter family member.
The buy itself is tiny (0.08% increase) and not material to share price, but it signals continued promoter-group confidence in the company at a time when the group already controls over two-thirds of the equity — reassuring for retail investors concerned about promoter dilution or exits.