SUSHILABEN SHAH, ASHISH 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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Awaiting price reaction for this filing.
Promoter Sushilaben Shah has released a pledge on 1,086 shares (0.0046% of total share capital) of Aarvee Denims & Exports Limited with BOB Capital Markets Limited on July 5, 2025. This disclosure was filed under SEBI Takeover Regulations regarding encumbrance release. Post-release, the promoter's encumbered share count stands at zero, while her overall holding in the company remains at 1,086 shares (0.0046%). The disclosure was submitted to both BSE and NSE on July 10, 2025.
This is a very small release of pledged shares (negligible at 0.0046% of capital) and is unlikely to have any meaningful impact on the stock price or shareholder concerns. It simply reduces the pledged portion of an already tiny promoter holding to zero.