BSEStar Housing Finance LtdMediumNegative
Announced Mon, 9 Jun · 14:12 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 Below 50pctOwnership Changes View source PDF

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

Awaiting price reaction for this filing.

AI summary

Aarsh Fincon Limited, part of the promoter/promoter group of Star Housing Finance Ltd, sold 26,616 equity shares through the open market between May 26 and June 4, 2025. The sale was carried out in five small tranches ranging from 2,500 to 10,000 shares on different dates. Post-sale, Aarsh Fincon's holding in Star Housing Finance dropped from 6,59,078 shares (0.83% of equity capital) to 6,32,462 shares (0.80%). The total diluted voting capital of the company stands at approximately 8.81 crore shares.

Likely market impact

The sale is small in size (only 0.03% of equity capital) and unlikely to materially affect the stock price. The promoter group's overall holding remains thin at 0.80%, indicating limited promoter stake in the company.