Announced Mon, 16 Jun · 14:01 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aarsh Fincon Ltd

Promoter Stake Sell 1pctOwnership Changes View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Aarsh Fincon Limited, part of the promoter group of Star Housing Finance Ltd, sold 35,259 equity shares through the open market over seven trading sessions between June 5 and June 13, 2025. The promoter's holding in the company dropped from 632,462 shares (0.80%) to 597,203 shares (0.68%) of the total share capital. The shares were sold on the BSE platform and the disclosure was filed to comply with SEBI's substantial acquisition and takeover rules.

Likely market impact

This is a small reduction (0.12 percentage points) in promoter group holding via open market sales, indicating minor trimming by the promoter entity. The change is marginal and unlikely to materially affect stock price or shareholder confidence, but retail investors should note that a promoter group member is gradually reducing its stake.