VGLBSEVarvee Global LtdMediumNegative
Announced Sat, 12 Jul · 09:41 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vinod P Arora

Ownership Changes View source PDF

VGL · price

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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

Vinod P. Arora, a member of the promoter group of Aarvee Denims and Exports Limited, has sold his entire holding of 24,861 equity shares (0.11% of total share capital) through an off-market transaction on 9th July 2025. Before the sale, he held 24,861 shares; after the sale, his holding stands at zero. The company's total equity share capital remains unchanged at Rs. 23,45,98,000 (2,34,59,800 shares of Rs. 10 each). This disclosure was filed under SEBI's Takeover Regulations to report the change in promoter shareholding.

Likely market impact

This is a small, complete exit by an individual promoter with a very minor 0.11% stake, unlikely to materially affect share price or overall promoter control of the company.