The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arton Global
TARMAT · price
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Arton Global, a non-promoter entity, disclosed under SEBI SAST Regulation 29(2) that it acquired 8,75,236 equity shares (3.65%) of Tarmat Ltd through open market purchases between 13th October 2025 and 20th October 2025. After this acquisition, Arton Global's total holding in Tarmat stands at 13,61,197 shares, representing 5.67% of the company's equity share capital, up from 2.02% held earlier. The total equity share capital of Tarmat remains at 2.40 crore shares. This is a creeping acquisition by a non-promoter entity crossing the 5% disclosure threshold under SAST regulations.
A non-promoter entity has accumulated over 5.67% stake in Tarmat through sustained open market buying across six trading sessions, which could signal potential takeover interest or strategic positioning. Shareholders should monitor further disclosures as any additional purchases approaching 10% would trigger further regulatory requirements under takeover regulations.