VGLBSEVarvee Global LtdHighNegative
Announced Sat, 12 Jul · 08:49 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ennbee Textiles Pvt Ltd

Promoter Stake Sell 1pctOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ennbee Textiles Pvt Ltd, part of the promoter group of Aarvee Denims and Exports Ltd, has sold its entire holding of 5,79,600 equity shares (2.47% of total share capital) on 9 July 2025. The sale was done off-market, after which Ennbee Textiles' holding in Aarvee Denims drops to zero. The equity share capital of Aarvee Denims remains unchanged at Rs.23.46 crore (2.34 crore shares of Rs.10 each). This is a complete exit by one promoter-group entity from the company.

Likely market impact

This signals a promoter-group entity fully exiting its position in Aarvee Denims via an off-market transaction. While the company's overall share capital is unchanged, retail investors should note the reduction in promoter-group holdings and watch for any further disclosures regarding changes in the promoter shareholding pattern.