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 Kashvi Investment Pvt Ltd
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Awaiting price reaction for this filing.
Kashvi Investment Pvt. Ltd., part of the promoter group of Aarvee Denims & Exports Limited, has released a pledge on 13,88,200 shares, which is 5.92% of the company's total share capital. The encumbrance was released on July 5, 2025, and the disclosure was reported to the stock exchanges on July 10, 2025. The shares were previously pledged with BOB Capital Markets Limited. After this release, Kashvi Investment Pvt. Ltd. holds zero encumbered shares, and its total holding in the company remains at 13,88,200 shares (5.92%). The filing was made under Regulation 31(1) and 31(2) of SEBI's SAST Regulations, 2011.
Positive signal for shareholders — the promoter has fully unencumbered its stake in the company, suggesting reduced financial pressure and lower risk of forced selling in the open market.