PARSVNATHBSEParsvnath Developers LtdMediumNeutral
Announced Wed, 6 May · 18:17 IST

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

Ownership Changes View source PDF

PARSVNATH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.3%1-day move
₹6.82
prior close
₹6.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.7-4.7-4.7-4.7-0.3-5.3-8.4-12.5-16.7-24.8-41.2-47.5-63.9
Up moveDown movePending
AI summary

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.

Likely market impact

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.