The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vee Bee Textiles Pvt Ltd
VGL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vee Bee Textiles Private Limited, a promoter-group entity of Aarvee Denims and Exports Limited, sold its entire holding of 140,000 equity shares (0.60% of share capital) through an off-market transaction on July 9, 2025. After the sale, Vee Bee Textiles holds zero shares in the company, effectively exiting completely. The disclosure was filed under SEBI's SAST Regulation 29(2) on July 11, 2025 by Bela Ashishbhai, Director of Vee Bee Textiles. The target company's total equity share capital remains unchanged at Rs. 23.46 crore (2.34 crore shares of Rs. 10 each). Note: the BSE headline lists the acquirer as Varvee Global Ltd, while the filing documents Vee Bee Textiles Pvt Ltd as the selling entity.
A promoter-group entity has fully exited a small (0.60%) stake via off-market sale. While the size is modest, retail investors should watch whether other promoter-group entities follow suit, as off-market sales can sometimes precede broader promoter reorganisation or dilution.