The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 12, 2025 for Bela Shah
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On the reaction day the stock moved 0.9 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 Bela Shah has released a pledge on 1,361 shares (0.006% of total share capital) of Aarvee Denims and Exports Limited, with the pledge originally held in favor of BOB Capital Markets Limited. The event (pledge release) occurred on July 5, 2025, and the disclosure was filed with BSE and NSE on July 10, 2025. Post-release, the promoter's encumbered shareholding remains at 1,361 shares (0.006%). This is a regulatory disclosure under Regulation 31(1) and 31(2) of SEBI's SAST Regulations, 2011, reporting encumbrance changes.
This is a very minor, routine pledge release involving an insignificant number of shares (0.006% of capital) and is unlikely to have any meaningful impact on the stock price or shareholder perception.