The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shikha P Arora
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Shikha P. Arora, a member of the promoter group of Aarvee Denims and Exports Limited, has sold her entire shareholding of 1,896 equity shares (0.008% of total paid-up capital) through an off-market transaction on 09 July 2025. Post-sale, her holding stands at zero shares. The company has an equity share capital of Rs. 23.46 crore (2,34,59,800 shares of Rs. 10 each). The sale is extremely small in size and likely relates to inter-family transfer or estate-related reorganisation within the promoter family.
This is a negligible disposal by one promoter-group member and is unlikely to have any material impact on the stock price or promoter control. Shareholders should note that overall promoter shareholding remains largely unaffected as the quantum is tiny.