TARMATBSETarmat LtdMediumNeutral
Announced Mon, 13 Oct · 16:50 IST

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

Pledge ReleasedCreeping Acquisition Near ThresholdOwnership Changes View source PDF

TARMAT · 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

Arton Global, a non-promoter entity, acquired 2.02% equity shares (485,961 shares) of Tarmat Ltd through open market purchases on 8-9 October 2025. Notably, before the acquisition, these 485,961 shares were held under encumbrance (pledge/lien/non-disposal undertaking), and after the transaction they now sit as direct voting rights with nil encumbrance — indicating the encumbrance was released. The total share capital of Tarmat Ltd stands at 2.40 crore shares. Arton Global clarified it does not belong to the promoter or promoter group of the company.

Likely market impact

This is a minor stake change by a non-promoter entity and is unlikely to materially affect the stock price or control of the company. However, the release of encumbrance on these shares means they are now freely tradable, which could marginally increase floating supply.