The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for T P Vinod Kumar HUF
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T P Vinod Kumar HUF, a promoter group entity of Aarvee Denims and Exports Ltd, has sold its entire holding of 6,636 equity shares (0.03% of total share capital) through an off-market transaction on 09 July 2025. The HUF previously held 6,636 shares (0.03%) and now holds zero shares, effectively exiting the company completely. The company's total equity share capital remained unchanged at 23,45,980 shares of Rs. 10 each. This is a full exit by one promoter group family entity, though the stake sold is very small.
Minimal impact on stock price or overall promoter holding since the stake being sold is just 0.03%. However, it indicates one promoter group HUF entity has completely exited the company, which is noteworthy from a promoter group composition standpoint.