The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arihant Share Consultancy
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Arihant Share Consultancy (acting through partner Sandip Hemantkumar Shah), a non-promoter entity, sold 30,00,000 shares (0.48%) of Kretto Syscon Ltd in the open market on 08.08.2025. After the sale, their holding dropped from 1,49,82,382 shares (2.39%) to 1,19,82,382 shares (1.91%) of the company's equity. The company's total share capital stands at 62,71,92,456 shares, and the acquirer has explicitly confirmed it does not belong to the promoter/promoter group. The disclosure has been filed with BSE under SEBI's Takeover Regulations.
This is a minor open-market sale by a non-promoter shareholder, reducing their stake marginally. Since the seller is not a promoter and the quantum of sale is small (less than 0.5% of capital), this is unlikely to have a meaningful impact on the stock price or signal any corporate action. Retail investors should note it as routine disclosure only.