BSEKretto Syscon LtdMediumNeutral
Announced Tue, 19 Aug · 10:52 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arihant Share Consultancy

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Arihant Share Consultancy (acting in concert with Sandip Hemantkumar Shah), a non-promoter entity, has sold 15,00,000 equity shares (0.24% of the paid-up capital) of Kretto Syscon Limited in the open market on 14 August 2025. Prior to the sale, the entity held 1,19,82,382 shares (1.91%); post-sale, its holding stands at 1,04,82,382 shares (1.67%). The total equity share capital of the company remains unchanged at 62,71,92,456 shares. The acquirer has confirmed it does not belong to the promoter or promoter group of the target company.

Likely market impact

This is a routine disclosure by a non-promoter shareholder trimming a small open-market position; the quantum (0.24% of capital) is immaterial and unlikely to influence the stock price or signal any change in the company's fundamentals or promoter stance.