The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shah Kalpesh Virendrabhai HUF
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Shah Kalpesh Virendrabhai HUF, part of the promoter group of Aarvee Denims and Exports Limited, sold 1,204 equity shares via an off-market transaction on 9 July 2025. This represented 0.005% of the company's total share capital, bringing the HUF's holding from 1,204 shares (0.005%) down to zero — a complete exit from the company. The disclosure was filed under SEBI's Substantial Acquisition of Shares & Takeovers Regulations. The company's total equity capital remained unchanged at Rs. 23.46 crore (2,34,59,800 shares of Rs. 10 each).
This is an extremely small transaction (just 1,204 shares worth a negligible amount) by a single promoter group entity, so it has no meaningful impact on the stock price or overall promoter holding of the company.