The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Astorne Capital VCC - Arven
RATNAVEER · price
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Awaiting price reaction for this filing.
Astorne Capital VCC – Arven, a non-promoter foreign investor, sold 15,00,000 equity shares (2.28%) of Ratnaveer Precision Engineering in the open market on 11, 15 and 24 December 2025. This reduced its holding from 7.12% (46.90 lakh shares) to 4.84% (31.90 lakh shares), taking it below the 5% disclosure threshold. The acquirer's person acting in concert (Beacon Stone Capital VCC – Beacon Stone I) is also noted in the filing. The share capital of the company remained unchanged at around 6.58 crore shares.
A foreign fund cutting its stake by over a third in just two weeks through open market selling can indicate weakening institutional conviction and may put short-term pressure on the stock, though it does not affect the company's promoter-controlled structure.