The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Edelweiss Asset Reconstruction Company Ltd
PARSVNATH · price
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Edelweiss Asset Reconstruction Company Ltd, acting as trustee of EARC TRUST SC-453 and not part of the promoter group, has disclosed a reduction in its stake in Parsvnath Developers Ltd. The entity sold 88,82,368 equity shares (2.04% of share capital) in the open market between January 30, 2025 and July 18, 2025. Its holding dropped from 4,06,61,917 shares (9.34%) to 3,17,79,549 shares (7.30%) post the transaction. The total share capital of Parsvnath Developers stands at 43,51,81,170 shares, with no change in the diluted share capital.
The sale reduces a non-promoter institutional holder's stake below the 9.34% mark to 7.30%, indicating trimming of exposure rather than accumulation. For retail shareholders, this is largely a portfolio-level adjustment by a security receipt trustee and is unlikely to have a direct impact on promoter control or company fundamentals, though large block sales in the open market can create short-term supply pressure on the stock.