Kashvi Investments Pvt. Ltd. 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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Kashvi Investments Pvt. Ltd., part of the promoter group of Aarvee Denims and Exports Limited, has disclosed a release of encumbrance (pledge) on its shares. The event dated 5th July 2025 involves the release of 13,88,200 shares, which represents 5.92% of the total share capital of the company. These shares were previously pledged with BOBCAPS Capital Markets Limited. Post-release, the promoter entity has zero encumbered shares. The disclosure was filed with BSE and NSE on 10th July 2025 under SEBI Takeover Regulations.
This is a positive development for shareholders, as the complete release of pledged promoter shares eliminates any risk of forced selling or margin call concerns. It strengthens promoter confidence and improves the overall pledging position of the company.