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

Creeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

TARMAT · price

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

Price reactionminutes from the announcement price · days from the prior close

-0.9%Reaction day

₹52.80

prior close

₹53.89

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%+0.5% vs market

Civil Construction peers, median of 97sector-1.4%+0.5% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.5 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9-1.4+0.5-1.4+0.5

Next day

+4.2-1.6+5.8-1.4+5.6

+0.3-1.4+1.7-2.4+2.7

+3.0-2.7+5.7-3.2+6.3

+2.3-2.5+4.8-3.2+5.5

+22.9-2.3+25.1-3.4+26.3

+31.7-5.4+37.2-7.2+38.9

15d

-3.5-10.5+7.0-11.9+8.5

+3.7-10.3+14.0-12.2+15.8

+1.7+1.6+0.1+0.6+1.1

-2.9+3.8-6.7-4.2+1.3

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 97Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Arton Global, a non-promoter entity, has disclosed acquisition of additional equity shares in Tarmat Ltd through open market purchases. The acquirer bought 13,61,197 shares (5.44% of share capital), raising its total holding from 1.73% (4,34,017 shares) to 7.18% (17,95,214 shares). The acquisitions were made in tranches between 13 October 2025 and 9 February 2026. Total equity share capital of Tarmat Ltd stands at 2.50 crore shares. Arton Global confirmed it is not part of the promoter or promoter group of the company.

Likely market impact

Since Arton Global is a non-promoter and now holds 7.18%, it is approaching the 10% disclosure and open offer trigger threshold under SEBI Takeover Regulations. Any further buying beyond 10% would require a mandatory open offer. Retail investors should watch for further disclosures as this entity creeps toward the regulatory threshold, which could affect share price volatility.