The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on April 11, 2025 for Sanjeev Arora
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Promoter Sanjeev Arora has submitted a revised SAST disclosure to BSE correcting a clerical error in his earlier filing. He holds 7,89,90,915 equity shares (28.81%) of Hampton Sky Realty Ltd and has pledged 73,00,000 shares (2.66% of share capital) to Share India Fincap Private Limited on 18 December 2024. The reason for the pledge is stated as 'to invest in business opportunities.' This was a new pledge creation; no shares were previously encumbered.
The pledged shares represent only 2.66% of the company, so there is minimal immediate risk to shareholders. However, the promoter's overall holding stands at 28.81%, well below 50%, meaning he does not have majority control of the company.