The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for V B Investment Pvt Ltd
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V.B. Investment Pvt. Ltd, part of the promoter/promoter group of Aarvee Denims and Exports Limited, sold its entire holding of 23,20,900 equity shares (9.89% of total share capital) on 10 July 2025 through an off-market transaction. After this sale, the entity's holding has gone from 9.89% to nil, meaning a complete exit by this particular promoter group entity. The total equity share capital of Aarvee Denims remains unchanged at 2,34,59,800 shares. Because the sale was off-market, the buyer is not identified in this filing, but the takeover regulations require the acquirer to also file a disclosure if their crossing is significant.
This is a notable promoter group exit — a single entity has fully sold its 9.89% stake. Retail investors should look out for follow-up disclosures from the acquirer and monitor whether other promoter group entities are also reducing their holdings, which could affect promoter commitment to the company.