The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kashvi Investments Pvt Ltd
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Kashvi Investments Pvt Ltd, part of the promoter group of Aarvee Denims and Exports Limited, sold its entire holding of 13,88,200 equity shares (5.92%) through an off-market deal on 10 July 2025. Before the sale, the entity held 5.92% of the company; after the transaction, its holding has fallen to 0%. The company has 2,34,59,800 equity shares of Rs. 10 each, and no encumbrance or pledged shares were involved. This effectively means Kashvi Investments has fully exited its position in Aarvee Denims.
A complete exit by a promoter group entity is generally viewed as a negative signal by retail investors, as it may indicate waning confidence from one of the insider stakeholders. Since this was an off-market sale, it does not directly hit the open market price, but sentiment around the stock could weaken in the short term.