The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Renu V Arora
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Renu V. Arora, part of the promoter group of Aarvee Denims and Exports Limited, sold 18,613 equity shares via off-market route on April 9, 2025. This reduced her voting shareholding from 18,613 shares (0.08%) to zero, while 4,419 encumbered shares remain. Her total holding in the company dropped from 0.09% to 0.01%. The sale is very small in size relative to the company's total share capital of 2,34,59,800 equity shares. The disclosure was filed with both BSE and NSE on April 11, 2025.
This is a minor promoter off-market sale representing only 0.08% of voting capital and is unlikely to have any meaningful impact on the stock price or shareholder sentiment. Retail investors should note that the promoter has now fully exited her direct voting shareholding, retaining only encumbered shares.