Aarvee Denims & Exports Limited has informed the Exchange regarding 'Sub: Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 - 1. Kalpesh Shah 2. Parul Shah 3. Chinmaya Arora 4. Bhringu Arora 5. Jaimin Kailash Gupta'.
VGL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Varvee Global Limited (formerly Aarvee Denims & Exports Limited) has submitted a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing lists five individuals — Kalpesh Shah, Parul Shah, Chinmaya Arora, Bhringu Arora, and Jaimin Kailash Gupta — who appear to be members of the promoter or promoter group. The specific details of the transaction (whether shares were bought or sold, and the exact quantum) are not included in the headline. The disclosure is a regulatory requirement triggered when promoter group holdings change beyond prescribed thresholds.
This is a routine compliance filing and not directly an event that changes the business outlook. Shareholders should watch for the full disclosure details to understand if promoter group is increasing or reducing its stake, which can signal insider confidence or exits.