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 Pankil Kalpeshbhai Shah HUF
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Pankil Kalpeshbhai Shah HUF, part of the promoter group of Aarvee Denims & Exports Limited, has disclosed the release of 838 pledged shares (0.0035% of share capital) under SEBI SAST Regulation 31(1) and 31(2). The pledge was originally created in favor of BOB Capital Markets Limited and was released on July 5, 2025. Post-release, the promoter entity holds zero encumbered shares. The promoter group's overall shareholding remains unchanged at 0.0035%.
This is a very minor, technically routine disclosure with negligible impact on stock price or shareholder value, as only 838 shares (a tiny fraction) have been unencumbered.