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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Edelweiss Asset Reconstruction Company Limited (acting as trustee of EARC TRUST SC - 453) has disclosed a reduction in its holding in Parsvnath Developers Ltd. The ARC reduced its stake from 5.28% (2,25,88,565 shares) to 4.96% (2,12,17,429 shares), representing a disposal of 8,98,539 shares (0.32%). The transaction was conducted in the open market between December 26, 2025 and May 5, 2026. Edelweiss ARC explicitly confirmed it does not belong to the Promoter/Promoter group of Parsvnath Developers. As an Asset Reconstruction Company, this likely represents divestment of securities acquired during debt recovery/restructuring rather than strategic promoter activity.
The ARC divesting a portion of its holding is a neutral-to-mildly negative signal, as ARC holdings typically represent distressed assets being unwound. The 0.32% disposal is below the 1% threshold that would trigger significant market attention.