Rajesh Arora has submitted to the Exchange a copy of DISCLOSURES UNDER REGULATION 31(1) & (2) OF SEBI(SAST) REGULATION, 2011
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On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 1.3 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Promoter Rajesh Arora has released 248,816 pledged shares, which represents 1.06% of the total share capital of Aarvee Denims and Exports Limited. The event date of the pledge release is 05/07/2025, with the disclosure filed on 10/07/2025. Post-release, the promoter's encumbered shareholding stands at zero, while total promoter holding remains at 248,816 shares (1.06%). The shares are listed on both BSE and NSE.
This is a positive signal as the release of pledged shares reduces the promoter's debt burden and eliminates the risk of forced selling. With only 1.06% promoter holding, the promoter influence on the company is already limited.