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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.4 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
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.