The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Drishya Advisory LLP
Awaiting price reaction for this filing.
Drishya Advisory LLP (a non-promoter entity) acquired 11,901 equity shares of Aris International Ltd via an off-market transaction on January 9, 2026, representing 0.79% of the company's diluted share capital. This acquisition raised their total holding from 67,900 shares (4.53%) to 79,801 shares (5.32%), crossing the 5% SAST disclosure threshold. The acquirer has explicitly confirmed it does not belong to the promoter/promoter group. Aris International has a relatively small equity base of 15 lakh shares (total capital Rs. 1.5 crore at face value Rs. 10).
A non-promoter entity now holds over 5% in this small-cap company, which may suggest further accumulation is being planned. The off-market route indicates a negotiated block deal rather than routine open-market buying. Retail investors should track further disclosures from this acquirer and watch for any movement toward higher thresholds or board-level changes.