The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 06, 2025 for Ennbee Textiles Pvt Ltd
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Ennbee Textiles Pvt. Ltd., part of the promoter group of Aarvee Denims & Exports Limited (BSE: 514274, NSE: AARVEEDEN), has released the pledge on all its 579,600 shares, equal to 2.47% of the company's total share capital. The encumbrance was originally created in favor of BOB Capital Markets Limited as security for a loan. The release was carried out on 05/07/2025 after the promoter entity repaid the loan in full. After the release, Ennbee Textiles holds zero encumbered shares. The revised disclosure was filed under Regulation 31(1) and 31(2) of the SEBI Takeover Regulations on 04/08/2025.
This is a positive signal for shareholders, as it indicates reduced promoter-level debt and pledge-related risk. A full pledge release suggests improved financial standing of the promoter entity and removes any near-term overhang on the stock from potential forced selling.