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 Vinod P Arora
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Awaiting price reaction for this filing.
Promoter Vinod P. Arora has released 24,861 shares (0.105% of total share capital) of Aarvee Denims & Exports Limited from an existing pledge held with BOB Capital Markets Limited. The release was effected on 04/08/2025 and the reason cited is repayment of a loan. After this release, the promoter holds 0 encumbered shares, meaning the entire pledged position has been cleared. This is a revised disclosure submitted under SEBI SAST Regulation 31(1) and 31(2).
This is a positive signal for retail investors — the promoter has fully cleared a pledged position by repaying debt, reducing any overhang risk of forced share sales. However, the quantum is very small (0.105% of capital), so the direct impact on the stock price is likely minimal.