The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Parul Shah
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Parul Shah, a member of the promoter/promoter group of Aarvee Denims and Exports Limited, disclosed the sale of 1,591 equity shares on 09 July 2025 under Regulation 29(2) of SEBI's Takeover Regulations. This represents only 0.006% of the company's total share capital. The sale was executed through an off-market route, not on the open market. As a result of this transaction, Parul Shah's holding in the company has been reduced to zero, meaning she has completely exited her position. The company's total equity share capital remains unchanged at 2,34,59,800 shares of Rs. 10 each, aggregating to Rs. 23.46 crore.
This is a very minor, non-material transaction involving just 1,591 shares (0.006% of capital) and is unlikely to have any meaningful impact on the stock price or shareholder value. It simply reflects one promoter-group individual fully exiting her negligible personal holding.