The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajesh Arora
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Rajesh Arora, part of the promoter/promoter group of Aarvee Denims and Exports Limited, has sold his entire holding of 360,140 equity shares (1.54% of total share capital) on 09/07/2025. The sale was executed through an off-market transaction, not on the stock exchange. After this disposal, his shareholding in the company has come down to zero. The company has an equity share capital of 2,34,59,800 shares of Rs. 10 each, aggregating to Rs. 23.46 crore.
A promoter completely exiting their entire stake via an off-market deal is a noteworthy event for retail investors. Off-market transactions often involve pre-arranged buyers and may signal a change in promoter sentiment or restructuring within the promoter group. Investors should watch for further disclosures to identify who bought these shares and whether this indicates any strategic shift in the company.