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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Awaiting price reaction for this filing.
Arihant Share Consultancy, along with person acting in concert Sandip Hemantkumar Shah, sold 10,00,000 equity shares (0.16%) of Kretto Syscon Ltd in the open market on 18 July 2025. The acquirer does not belong to the promoter or promoter group. Before the sale, the combined holding stood at 2,27,62,661 shares (3.63% of paid-up capital), which has now reduced to 2,17,62,661 shares (3.47%). The company's total equity share capital remained unchanged at 62,71,92,456 shares. This is a minor trimming of stake by a non-promoter entity, well below any regulatory disclosure threshold for further intimation.
This is a small, non-promoter stake sale that is unlikely to materially affect the stock price. Retail investors need not be concerned as the seller is not part of the promoter group and the change in holding is marginal.