Bela Shah has Submitted to the Exchange a copy of Disclosure under Regulation 31(1) and 31(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Promoter Bela Shah has disclosed the release of a pledge on 1,361 shares (0.006% of total share capital) of Aarvee Denims and Exports Limited, which were previously pledged with BOB Capital Markets Limited. The release happened on July 5, 2025, after which the promoter has zero encumbered shares. Her overall shareholding remains unchanged at 1,361 shares (0.006%). The disclosure was filed under SEBI's takeover regulations regarding encumbrance of promoter shares.
This is a routine, immaterial disclosure — the pledge release involves only 1,361 shares (0.006% of capital), so it is unlikely to have any meaningful effect on the stock price or shareholder sentiment.